The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.000013200 is expected.
Caution: A possible change in the direction of the support zone at 0.000012680 could occur.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014190 |
| 2nd High | 0.000013510 |
| Next High | 0.000013200 |
| Current Price | 0.000012990 |
| Next Low | 0.000012680 |
| 2nd Low | 0.000012660 |
| 3rd Low | 0.000012150 |
0.000013200 – 0.000012980 – 0.000012480 – 0.000012680 – 0.000012660 – 0.000012150 — 56.300919107923 – 58.698158355022
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –