SHIB/USDT – 4H – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance at 0.000012610 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.000011810 could occur.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013510 |
| 2nd High | 0.000012730 |
| Next High | 0.000012610 |
| Current Price | 0.000012530 |
| Next Low | 0.000011810 |
| 2nd Low | 0.000011210 |
| 3rd Low | 0.000011050 |
0.000012610 – 0.000012730 – 0.000013510 – 0.000011810 – 0.000011980 – 0.000011830 — 52.094134246887 – 57.552768264205
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double top retreat up – –