The pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.000012250 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.000011800 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish 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 | 0.000013620 |
| Next High | 0.000012250 |
| Current Price | 0.000012200 |
| Next Low | 0.000011800 |
| 2nd Low | 0.000011510 |
| 3rd Low | 0.000011410 |
0.000012250 – 0.000012120 – 0.000012150 – 0.000011800 – 0.000011880 – 0.000011870
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji