SHIB/USDT – 4H – BUYThe combination Shiba Inu/Tether (SHIB/USDT) jumps from the bearish trendline up.
An ascending movement up to the next resistance level at 0.000013390 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.000011850 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading 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 | 0.000012470 |
| Next Low | 0.000011850 |
| 2nd Low | 0.000011210 |
| 3rd Low | 0.000011050 |
0.000013390 – 0.000014190 – 0.000014060 – 0.000012500 – 0.000012710 – 0.000011850 — 41.915082956583 – 45.762716109312
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –