The combination Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 0.000014170 will continue.
Caution: A possible counter-trend in the direction of support at 0.000013940 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘RSI cross above 70’ indicator layout is detected. The indicator is ‘RSI cross above 70’. this is usually a bullish chart scenario. The pair is likely to go up.
Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015520 |
| 2nd High | 0.000014230 |
| Next High | 0.000014170 |
| Current Price | 0.000014170 |
| Next Low | 0.000013940 |
| 2nd Low | 0.000013930 |
| 3rd Low | 0.000013240 |
0.000014170 – 0.000014230 – 0.000014110 – 0.000013940 – 0.000013930 – 0.000013970 — 57.219446814206 – 60.743697670832
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom chart pattern –