The combination Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.000013040 will continue.
Caution: A possible reversal of the trend in the direction of the support line at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.000013150 |
| 2nd High | 0.000013050 |
| Next High | 0.000013040 |
| Current Price | 0.000013140 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000013040 – 0.000013050 – 0.000013030 – 0.000012900 – 0.000012830 – 0.000012500 — 61.550112756576 – 63.310702148576
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –