SHIB/USDT – 4H – BUYThe pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 0.000012570 is expected.
Caution: A possible trend reversal in the direction of the support level at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012730 |
| 2nd High | 0.000012610 |
| Next High | 0.000012570 |
| Current Price | 0.000012480 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012570 – 0.000012610 – 0.000012730 – 0.000012000 – 0.000011810 – 0.000011980 — 59.05771561425 – 59.05771561425
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom chart pattern – –