SHIB/USDT – 4H – BUYThe combination Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.000012150 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000012330 |
| Next High | 0.000012150 |
| Current Price | 0.000011740 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012150 – 0.000011800 – 0.000012330 – 0.000011210 – 0.000011260 – 0.000011050
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – – Symmetrical Triangle Chart Pattern