SHIB/USDT – 1H – BUYThe combination Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 0.000011970 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.000011450 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair is likely to rise.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
Additionally a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012150 |
| 2nd High | 0.000012000 |
| Next High | 0.000011970 |
| Current Price | 0.000011720 |
| Next Low | 0.000011450 |
| 2nd Low | 0.000011340 |
| 3rd Low | 0.000011210 |
0.000011970 – 0.000011590 – 0.000012000 – 0.000011450 – 0.000011340 – 0.000011210
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Head and Shoulder chart pattern