The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline up.
An ascent up to the next resistance line at 0.000013390 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 0.000011850 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 0.000012400 |
| Next Low | 0.000011850 |
| 2nd Low | 0.000011210 |
| 3rd Low | 0.000011050 |
0.000013390 – 0.000014190 – 0.000014060 – 0.000012500 – 0.000012710 – 0.000011850 — 39.983386867194 – 43.174992759744
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –