SHIB/USDT – 1H – BUYThe pair Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.000014190 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.000013190 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candle pattern is discovered. 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015520 |
| 2nd High | 0.000014380 |
| Next High | 0.000014190 |
| Current Price | 0.000013910 |
| Next Low | 0.000013190 |
| 2nd Low | 0.000012890 |
| 3rd Low | 0.000012680 |
0.000013430 – 0.000013200 – 0.000013170 – 0.000013190 – 0.000012890 – 0.000012680 — 74.448780452183 – 76.075147142039
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –