SHIB/USDT – 30M – BUYMoreover a ‘Triple bottom chart pattern’ chart formation is detected. The formation shows ‘Triple bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to go up.
The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 0.000014150 will persist.
Caution: A possible counter-trend in the direction of the support line at is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014840 |
| 2nd High | 0.000014350 |
| Next High | 0.000014150 |
| Current Price | 0.000013760 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000014150 – 0.000014350 – 0.000014840 – 0.000013530 – 0.000013860 – 0.000014060 — 42.80837655767 – 49.345188165664
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –