SHIB/USDT – 1H – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.000014840 is likely expected.
Caution: A possible trend reversal in the direction of support at could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair could go up.
Additionally a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015970 |
| 2nd High | 0.000015520 |
| Next High | 0.000014840 |
| Current Price | 0.000013770 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000014840 – 0.000013430 – 0.000013200 – 0.000013190 – 0.000012890 – 0.000012680 — 35.636585979898 – 41.81701858231
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double top retreat up – –