SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance level at 0.000011510 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.000011340 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Additionally a ‘Northern Doji’ chart pattern is existing. The chart shows ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012000 |
| 2nd High | 0.000011590 |
| Next High | 0.000011510 |
| Current Price | 0.000011430 |
| Next Low | 0.000011340 |
| 2nd Low | 0.000011210 |
| 3rd Low | 0.000011050 |
0.000011510 – 0.000011590 – 0.000012000 – 0.000011340 – 0.000011390 – 0.000011210
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji –