The combination Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.000014060 is certain.
Caution: A possible change in the direction of support at 0.000012750 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart signal. The pair is likely to go up.
And also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015520 |
| 2nd High | 0.000014380 |
| Next High | 0.000014060 |
| Current Price | 0.000013890 |
| Next Low | 0.000012750 |
| 2nd Low | 0.000012370 |
| 3rd Low | 0.000012280 |
0.000014060 – 0.000013330 – 0.000013010 – 0.000012750 – 0.000012370 – 0.000012280 — 58.003464891704 – 58.554405025329
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –