The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 0.000015670 will persist.
Caution: A possible change in the direction of support at 0.000014730 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.
Furthermore a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016000 |
| 2nd High | 0.000015970 |
| Next High | 0.000015670 |
| Current Price | 0.000015280 |
| Next Low | 0.000014730 |
| 2nd Low | 0.000014480 |
| 3rd Low | 0.000014220 |
0.000015670 – 0.000015970 – 0.000015890 – 0.000014730 – 0.000015170 – 0.000015090
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji –