The combination Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline up.
A bullish trend upwards to the next resistance level at 0.000014020 is considered certain.
Caution: A possible change in the direction of the support level at 0.000012970 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015520 |
| 2nd High | 0.000014050 |
| Next High | 0.000014020 |
| Current Price | 0.000013380 |
| Next Low | 0.000012970 |
| 2nd Low | 0.000012750 |
| 3rd Low | 0.000011450 |
0.000014020 – 0.000014050 – 0.000015520 – 0.000012970 – 0.000013410 – 0.000014730 — 36.026318972448 – 37.828407728957
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple top chart pattern –