SHIB/USDT – 30M – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 0.000011590 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.000011370 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012150 |
| 2nd High | 0.000012000 |
| Next High | 0.000011590 |
| Current Price | 0.000011520 |
| Next Low | 0.000011370 |
| 2nd Low | 0.000011340 |
| 3rd Low | 0.000011210 |
0.000011500 – 0.000011510 – 0.000011590 – 0.000011370 – 0.000011340 – 0.000011390
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji –