The combination Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance line at 0.000012620 is considered certain.
Caution: A possible change in the direction of the support level at 0.000012370 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013140 |
| 2nd High | 0.000012650 |
| Next High | 0.000012620 |
| Current Price | 0.000012580 |
| Next Low | 0.000012370 |
| 2nd Low | 0.000012100 |
| 3rd Low | 0.000012070 |
0.000012620 – 0.000012650 – 0.000012620 – 0.000012370 – 0.000012390 – 0.000012420 — 56.363882269561 – 57.366167049915
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –