The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.000013540 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000013090 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.
There is also a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
There is also a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish signal. The 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 | 0.000013540 |
| Current Price | 0.000013370 |
| Next Low | 0.000013090 |
| 2nd Low | 0.000012820 |
| 3rd Low | 0.000011450 |
0.000013540 – 0.000013500 – 0.000013870 – 0.000013090 – 0.000012820 – 0.000013050
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom chart pattern