SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 0.000013390 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.000013100 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.000014190 |
| 2nd High | 0.000013500 |
| Next High | 0.000013390 |
| Current Price | 0.000013310 |
| Next Low | 0.000013100 |
| 2nd Low | 0.000012940 |
| 3rd Low | 0.000012020 |
0.000013390 – 0.000013500 – 0.000012530 – 0.000013100 – 0.000012940 – 0.000012020 — 60.308894859239 – 63.316628230862
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom chart pattern – –