The pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 0.000013050 is considered certain.
Caution: A possible trend reversal in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘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 success rate of a ‘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 | 0.000013040 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000013050 – 0.000013150 – 0.000014190 – 0.000012500 – 0.000012620 – 0.000012710 — 57.132052088766 – 57.897027827878
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –