The currency pair Shiba Inu/Tether (SHIB/USDT) moves from the bearish trendline up.
The bullish trend upwards to the next resistance level at 0.000013390 is considered certain.
Caution: A possible change in the direction of the support level at 0.000012440 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 1.2915E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.000013390 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014380 |
| 2nd High | 0.000014190 |
| Next High | 0.000013390 |
| Current Price | 0.000012690 |
| Next Low | 0.000012440 |
| 2nd Low | 0.000012370 |
| 3rd Low | 0.000012280 |
0.000013390 – 0.000013200 – 0.000013040 – 0.000012440 – 0.000012990 – 0.000013090 — 51.79070733822 – 52.46831854818
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –