The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 0.000015520 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.000013890 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.
Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015970 |
| 2nd High | 0.000015670 |
| Next High | 0.000015520 |
| Current Price | 0.000014240 |
| Next Low | 0.000013890 |
| 2nd Low | 0.000013240 |
| 3rd Low | 0.000013200 |
0.000014200 – 0.000014190 – 0.000014170 – 0.000013890 – 0.000013910 – 0.000013940 — 55.08948263944 – 60.176054292879
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double top retreat up –