SHIB/USDT – 1H – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.000012720 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.000012260 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘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 | 0.000012720 |
| Current Price | 0.000012450 |
| Next Low | 0.000012260 |
| 2nd Low | 0.000012030 |
| 3rd Low | 0.000011850 |
0.000012720 – 0.000012860 – 0.000013390 – 0.000012260 – 0.000012030 – 0.000012040 — 50.035463312476 – 51.768139156199
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –