The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 0.000013800 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at is also possible.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.
Next a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency 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 | 0.000014050 |
| 2nd High | 0.000014020 |
| Next High | 0.000013800 |
| Current Price | 0.000013990 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000013800 – 0.000014020 – 0.000014050 – 0.000013240 – 0.000013200 – 0.000012970 — 68.467138620569 – 69.487719607941
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – –