SHIB/USDT – 30M – BUYThe pair Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.000013220 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.000012820 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013440 |
| 2nd High | 0.000013340 |
| Next High | 0.000013220 |
| Current Price | 0.000013030 |
| Next Low | 0.000012820 |
| 2nd Low | 0.000012330 |
| 3rd Low | 0.000011890 |
0.000013220 – 0.000012770 – 0.000012720 – 0.000012820 – 0.000012330 – 0.000012410