SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 0.000013500 is certain.
Caution: A possible counter-trend in the direction of support at 0.000013050 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Tweezers Bottom’ candle chart pattern is detected. The chart shows ‘Tweezers Bottom’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014700 |
| 2nd High | 0.000013870 |
| Next High | 0.000013500 |
| Current Price | 0.000013400 |
| Next Low | 0.000013050 |
| 2nd Low | 0.000011450 |
| 3rd Low | 0.000011370 |
0.000013500 – 0.000013870 – 0.000013680 – 0.000013050 – 0.000013290 – 0.000013260
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Tweezers Bottom –