The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 0.000011500 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.000011370 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011590 |
| 2nd High | 0.000011510 |
| Next High | 0.000011500 |
| Current Price | 0.000011530 |
| Next Low | 0.000011370 |
| 2nd Low | 0.000011340 |
| 3rd Low | 0.000011210 |
0.000011500 – 0.000011510 – 0.000011590 – 0.000011370 – 0.000011340 – 0.000011390