The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline upwards
A bullish movement upwards to the next resistance level at 0.000013150 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.000012620 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.299052E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.000013150 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014380 |
| 2nd High | 0.000014190 |
| Next High | 0.000013150 |
| Current Price | 0.000012770 |
| Next Low | 0.000012620 |
| 2nd Low | 0.000012370 |
| 3rd Low | 0.000012280 |
0.000013150 – 0.000014190 – 0.000014030 – 0.000012620 – 0.000013580 – 0.000013400 — 34.414631033671 – 42.465153495716
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double top retreat up – –