SHIB/USDT – 4H – BUYThe pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance level at 0.000012570 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.000012000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. 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 | 0.000012730 |
| 2nd High | 0.000012610 |
| Next High | 0.000012570 |
| Current Price | 0.000012700 |
| Next Low | 0.000012000 |
| 2nd Low | 0.000011810 |
| 3rd Low | 0.000011210 |
0.000012570 – 0.000012610 – 0.000012730 – 0.000012000 – 0.000011810 – 0.000011980 — 62.055679651047 – 68.177444293237
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –