SHIB/USDT – 4H – BUYThe combination Shiba Inu/Tether (SHIB/USDT) moves from the bearish trendline upwards
A bullish trend up to the next resistance at 0.000013390 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.000011850 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. this 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 | 0.000014380 |
| 2nd High | 0.000014190 |
| Next High | 0.000013390 |
| Current Price | 0.000012270 |
| Next Low | 0.000011850 |
| 2nd Low | 0.000011210 |
| 3rd Low | 0.000011050 |
0.000013390 – 0.000014190 – 0.000014060 – 0.000012500 – 0.000012710 – 0.000011850 — 37.686417448507 – 38.928209424548
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –