The combination Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 0.000012510 is likely expected.
Caution: A possible change in the direction of the support line at could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.
There is also a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013140 |
| 2nd High | 0.000012730 |
| Next High | 0.000012510 |
| Current Price | 0.000012390 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012510 – 0.000012450 – 0.000012480 – 0.000012310 – 0.000012280 – 0.000012240 — 50.372166252803 – 51.634835207338
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom chart pattern – –