SHIB/USDT – 30M – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance at 0.000011510 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.000011340 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012000 |
| 2nd High | 0.000011590 |
| Next High | 0.000011510 |
| Current Price | 0.000011470 |
| Next Low | 0.000011340 |
| 2nd Low | 0.000011210 |
| 3rd Low | 0.000011050 |
0.000011510 – 0.000011590 – 0.000012000 – 0.000011340 – 0.000011390 – 0.000011210
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji –