SHIB/USDT – 1H – BUYThere is also a ‘Falling Wedge Chart Pattern’ chart layout is existing. The chart shows ‘Falling Wedge Chart Pattern’. which is a bullish signal. The currency pair is likely to rise.
The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 0.000012330 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 0.000011340 could occur.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
There is also a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish pattern signal. 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 | 0.000014700 |
| 2nd High | 0.000013620 |
| Next High | 0.000012330 |
| Current Price | 0.000011750 |
| Next Low | 0.000011340 |
| 2nd Low | 0.000010490 |
| 3rd Low | 0.000010280 |
0.000012330 – 0.000012150 – 0.000012240 – 0.000011340 – 0.000011630 – 0.000011800
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji