SHIB/USDT – 30M – BUYThe pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 0.000012410 is considered certain.
Caution: A possible change in the direction of the support line at 0.000012320 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012480 |
| 2nd High | 0.000012470 |
| Next High | 0.000012410 |
| Current Price | 0.000012430 |
| Next Low | 0.000012320 |
| 2nd Low | 0.000012150 |
| 3rd Low | 0.000012110 |
0.000012410 – 0.000012290 – 0.000012470 – 0.000012320 – 0.000012150 – 0.000012110 — 63.769011753314 – 69.643132600554
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple top chart pattern – –