SHIB/USDT – 4H – BUYThe combination Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.000013510 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.000012020 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘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 | 0.000013510 |
| Current Price | 0.000012370 |
| Next Low | 0.000012020 |
| 2nd Low | 0.000011850 |
| 3rd Low | 0.000011210 |
0.000013510 – 0.000013500 – 0.000013390 – 0.000012020 – 0.000012030 – 0.000012500 — 42.414144335937 – 44.57917359501
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double top retreat up – –