The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance at 0.000013060 is certain.
Caution: A possible reversal of the trend in the direction of the support level at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency 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 | 0.000013590 |
| 2nd High | 0.000013560 |
| Next High | 0.000013060 |
| Current Price | 0.000012980 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000013060 – 0.000012990 – 0.000013560 – 0.000012820 – 0.000012770 – 0.000013270 — 55.908129431723 – 59.126019197172
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –