The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support level at 0.000012040 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000012680 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candle pattern is detected. The chart shows ‘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’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000013390 |
2nd High | 0.000012970 |
Next High | 0.000012680 |
Current Price | 0.000012420 |
Next Low | 0.000012040 |
2nd Low | 0.000011410 |
3rd Low | 0.000010760 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji