The pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline up.
An ascending movement upwards to the next resistance at 0.000014050 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000013410 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candle pattern is existing. The chart forms ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015670 |
| 2nd High | 0.000015520 |
| Next High | 0.000014050 |
| Current Price | 0.000013460 |
| Next Low | 0.000013410 |
| 2nd Low | 0.000012750 |
| 3rd Low | 0.000011450 |
0.000014050 – 0.000015520 – 0.000015370 – 0.000013410 – 0.000014730 – 0.000015170
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double top retreat up –