SHIB/USDT – 30M – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline upwards
An ascent upwards to the next resistance level at 0.000014160 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000012750 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
And also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive 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 | 0.000015740 |
| 2nd High | 0.000014700 |
| Next High | 0.000014160 |
| Current Price | 0.000013180 |
| Next Low | 0.000012750 |
| 2nd Low | 0.000011450 |
| 3rd Low | 0.000011370 |
0.000014160 – 0.000013500 – 0.000013540 – 0.000012750 – 0.000013080 – 0.000013090
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji –