The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the bearish trendline up.
An ascent upwards to the next resistance level at 0.000012860 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000012320 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. 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 | 0.000014190 |
| 2nd High | 0.000013390 |
| Next High | 0.000012860 |
| Current Price | 0.000012520 |
| Next Low | 0.000012320 |
| 2nd Low | 0.000012280 |
| 3rd Low | 0.000012040 |
0.000012860 – 0.000013390 – 0.000013200 – 0.000012320 – 0.000012440 – 0.000012990 — 43.242535699177 – 44.990716912913
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double top retreat up – –