The pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 0.000012000 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.000011210 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
Besides a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012330 |
| 2nd High | 0.000012150 |
| Next High | 0.000012000 |
| Current Price | 0.000011550 |
| Next Low | 0.000011210 |
| 2nd Low | 0.000011050 |
| 3rd Low | 0.000010040 |
0.000012000 – 0.000012150 – 0.000011630 – 0.000011210 – 0.000011480 – 0.000011720
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji –