The pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline up.
An ascent upwards to the next resistance at 0.000012660 is considered certain.
Caution: A possible change in the direction of the support level at 0.000012280 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bullish Belt Hold’ candle pattern is found. The chart forms ‘Bullish Belt Hold’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013390 |
| 2nd High | 0.000012860 |
| Next High | 0.000012660 |
| Current Price | 0.000012150 |
| Next Low | 0.000012280 |
| 2nd Low | 0.000012040 |
| 3rd Low | 0.000011880 |
0.000012660 – 0.000012860 – 0.000013390 – 0.000012320 – 0.000012440 – 0.000012990 — 32.904764139681 – 38.744770816048
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Belt Hold – Double top chart pattern – –