Besides a ‘Triple bottom chart pattern’ chart layout is discovered. The formation shows ‘Triple bottom chart pattern’. which is a positive signal. The pair is likely to go up.
The pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline down.
The bearish trend down to the next support at 0.000012040 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000012660 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013390 |
| 2nd High | 0.000012860 |
| Next High | 0.000012660 |
| Current Price | 0.000012330 |
| Next Low | 0.000012040 |
| 2nd Low | 0.000011880 |
| 3rd Low | 0.000011850 |
0.000012660 – 0.000012860 – 0.000013390 – 0.000012040 – 0.000012320 – 0.000012440 — 57.461668454643 – 54.739513188464
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –