SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance level at 0.000015520 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.000014730 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015970 |
| 2nd High | 0.000015670 |
| Next High | 0.000015520 |
| Current Price | 0.000015060 |
| Next Low | 0.000014730 |
| 2nd Low | 0.000014480 |
| 3rd Low | 0.000014220 |
0.000015520 – 0.000015370 – 0.000015670 – 0.000014730 – 0.000015170 – 0.000015090
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – –