The combination Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 0.000014020 is likely expected.
Caution: A possible change in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015520 |
| 2nd High | 0.000014050 |
| Next High | 0.000014020 |
| Current Price | 0.000013900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000014020 – 0.000014050 – 0.000015520 – 0.000012970 – 0.000013410 – 0.000014730 — 54.326675130138 – 55.517877770911
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Inverse Head and Shoulder chart pattern –