The pair Shiba Inu/Tether (SHIB/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 0.000013510 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.000013190 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.343E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.000013510 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘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 probability of ‘Northern Doji’ heading 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 | 0.000013490 |
| Next Low | 0.000013190 |
| 2nd Low | 0.000012890 |
| 3rd Low | 0.000012850 |
0.000013430 – 0.000013200 – 0.000013170 – 0.000013190 – 0.000012890 – 0.000012850 — 63.536183087649 – 66.074911276793
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –