The currency pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance at 0.000013680 is certain.
Caution: A possible change in the direction of the support line at 0.000013260 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a positive chart scenario. The 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 | 0.000015740 |
| 2nd High | 0.000014700 |
| Next High | 0.000013680 |
| Current Price | 0.000013560 |
| Next Low | 0.000013260 |
| 2nd Low | 0.000011450 |
| 3rd Low | 0.000011370 |
0.000013680 – 0.000011970 – 0.000011920 – 0.000013260 – 0.000011450 – 0.000011650
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom retreat down