Next a ‘Triple bottom chart pattern’ chart layout is detected. The chart picture forms ‘Triple bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
The combination Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline down.
A descent down to the next support line at 0.000012850 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000013170 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013510 |
| 2nd High | 0.000013200 |
| Next High | 0.000013170 |
| Current Price | 0.000013030 |
| Next Low | 0.000012850 |
| 2nd Low | 0.000012840 |
| 3rd Low | 0.000012750 |
0.000013170 – 0.000013000 – 0.000013200 – 0.000012850 – 0.000012840 – 0.000012750 — 54.190864099388 – 52.68872850872
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –