The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance level at 0.000013050 is expected.
Caution: A possible change in the direction of the support level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014190 |
| 2nd High | 0.000013150 |
| Next High | 0.000013050 |
| Current Price | 0.000012990 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000013050 – 0.000013030 – 0.000013150 – 0.000012830 – 0.000012500 – 0.000012620 — 55.217956978528 – 56.138439919569
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –