The combination Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 0.000012990 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.000012770 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candle pattern is discovered. 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013590 |
| 2nd High | 0.000013560 |
| Next High | 0.000012990 |
| Current Price | 0.000012930 |
| Next Low | 0.000012770 |
| 2nd Low | 0.000012750 |
| 3rd Low | 0.000012680 |
0.000012990 – 0.000013560 – 0.000013590 – 0.000012770 – 0.000013270 – 0.000012830 — 51.50154204356 – 52.758782237803
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –