The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.000012150 is certain.
Caution: A possible trend reversal in the direction of the support level at could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could 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