The pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 0.000012290 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 0.000012110 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
In addition a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The 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 | 0.000012480 |
| 2nd High | 0.000012470 |
| Next High | 0.000012290 |
| Current Price | 0.000012240 |
| Next Low | 0.000012110 |
| 2nd Low | 0.000012000 |
| 3rd Low | 0.000011810 |
0.000012290 – 0.000012470 – 0.000012480 – 0.000012110 – 0.000012000 – 0.000012170 — 46.549775030282 – 48.246688464729
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –