The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 0.000013590 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.000013270 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.361E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000013590 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish signal. The currency 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 | 0.000013810 |
| 2nd High | 0.000013610 |
| Next High | 0.000013590 |
| Current Price | 0.000013540 |
| Next Low | 0.000013270 |
| 2nd Low | 0.000012830 |
| 3rd Low | 0.000012750 |
0.000013590 – 0.000013610 – 0.000013260 – 0.000013270 – 0.000012830 – 0.000012960 — 55.520056451923 – 61.124449704893
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –