The pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 0.000013500 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.000013050 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014700 |
| 2nd High | 0.000013870 |
| Next High | 0.000013500 |
| Current Price | 0.000013290 |
| Next Low | 0.000013050 |
| 2nd Low | 0.000011450 |
| 3rd Low | 0.000011370 |
0.000013500 – 0.000013870 – 0.000013680 – 0.000013050 – 0.000013290 – 0.000013260
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji –