The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 0.000014170 will continue.
Caution: A possible trend reversal in the direction of the support line at 0.000013930 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015520 |
| 2nd High | 0.000014230 |
| Next High | 0.000014170 |
| Current Price | 0.000014060 |
| Next Low | 0.000013930 |
| 2nd Low | 0.000013240 |
| 3rd Low | 0.000013200 |
0.000014170 – 0.000014230 – 0.000014110 – 0.000013930 – 0.000013970 – 0.000013240 — 46.112297627847 – 52.671572338815
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom chart pattern –