SHIB/USDT – 30M – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.000014850 will continue.
Caution: A possible counter-trend in the direction of the support line at 0.000013870 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016000 |
| 2nd High | 0.000015740 |
| Next High | 0.000014850 |
| Current Price | 0.000015010 |
| Next Low | 0.000013870 |
| 2nd Low | 0.000013450 |
| 3rd Low | 0.000012750 |
0.000014850 – 0.000013820 – 0.000013830 – 0.000013870 – 0.000014160 – 0.000013450
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern