SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance line at 0.000011060 will continue.
Caution: A possible change in the direction of the support line at 0.000010280 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011770 |
| 2nd High | 0.000011430 |
| Next High | 0.000011060 |
| Current Price | 0.000010560 |
| Next Low | 0.000010280 |
| 2nd Low | |
| 3rd Low |
0.000011060 – 0.000011430 – 0.000011770 – 0.000010570 – 0.000011420 – 0.000011350
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji