The pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 0.000013540 will persist.
Caution: A possible change in the direction of support at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 0.000013300 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000013540 – 0.000013500 – 0.000013870 – 0.000013090 – 0.000012820 – 0.000013050
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern