The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.000014280 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.000013890 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘RSI cross above 70’ indicator layout is detected. The indicator is ‘RSI cross above 70’. which could be a positive signal. The currency pair could go up.
In addition a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015670 |
| 2nd High | 0.000015520 |
| Next High | 0.000014280 |
| Current Price | 0.000014350 |
| Next Low | 0.000013890 |
| 2nd Low | 0.000013240 |
| 3rd Low | 0.000013200 |
0.000014280 – 0.000014200 – 0.000014190 – 0.000013890 – 0.000013910 – 0.000013940 — 62.037414000441 – 63.46666244635
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom retreat down –