SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 0.000013680 is expected.
Caution: A possible counter-trend in the direction of the support line at 0.000012750 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘StochRSI fall below 80’ indicator signal is detected. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.000015520 |
| 2nd High | 0.000014380 |
| Next High | 0.000013680 |
| Current Price | 0.000013530 |
| Next Low | 0.000012750 |
| 2nd Low | 0.000012370 |
| 3rd Low | 0.000012280 |
0.000013330 – 0.000013010 – 0.000013080 – 0.000012750 – 0.000012370 – 0.000012280 — 66.095227240701 – 66.993521064805
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom chart pattern – –