The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.000012720 is considered certain.
Caution: A possible change in the direction of the support level at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013390 |
| 2nd High | 0.000012860 |
| Next High | 0.000012720 |
| Current Price | 0.000012460 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012720 – 0.000012860 – 0.000013390 – 0.000012260 – 0.000012030 – 0.000012040 — 51.896928096974 – 53.341159525905
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom retreat down – –