SHIB/USDT – 30M – BUYThe pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 0.000015230 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.000014480 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015510 |
| 2nd High | 0.000015360 |
| Next High | 0.000015230 |
| Current Price | 0.000015140 |
| Next Low | 0.000014480 |
| 2nd Low | 0.000014220 |
| 3rd Low | 0.000013870 |
0.000015230 – 0.000015360 – 0.000015510 – 0.000014480 – 0.000014220 – 0.000013870
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern