The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 0.000013610 is certain.
Caution: A possible counter-trend in the direction of the support level at should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish signal. 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 | 0.000013830 |
| 2nd High | 0.000013810 |
| Next High | 0.000013610 |
| Current Price | 0.000013470 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000013610 – 0.000013260 – 0.000013170 – 0.000013270 – 0.000012830 – 0.000012960 — 51.409884112846 – 52.4994871103
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –