SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.000013340 will continue.
Caution: A possible trend reversal in the direction of support at 0.000012820 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.322E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000013340 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | 0.000014700 |
| 2nd High | 0.000013440 |
| Next High | 0.000013340 |
| Current Price | 0.000013260 |
| Next Low | 0.000012820 |
| 2nd Low | 0.000012330 |
| 3rd Low | 0.000011890 |
0.000013220 – 0.000012770 – 0.000012720 – 0.000012820 – 0.000012330 – 0.000012410
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji