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 0.000013500 will persist.
Caution: A possible change in the direction of the support level at 0.000013090 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 1.36453E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.000013500 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 0.000013870 |
| 2nd High | 0.000013540 |
| Next High | 0.000013500 |
| Current Price | 0.000013540 |
| Next Low | 0.000013090 |
| 2nd Low | 0.000012820 |
| 3rd Low | 0.000011450 |
0.000013500 – 0.000013540 – 0.000013500 – 0.000013090 – 0.000012820 – 0.000013050
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Double top retreat up