SHIB/USDT – 30M – BUYThe pair Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 0.000013380 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.000012840 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 0.000013380 |
| Current Price | 0.000013330 |
| Next Low | 0.000012840 |
| 2nd Low | 0.000012820 |
| 3rd Low | 0.000012330 |
0.000013380 – 0.000013220 – 0.000012770 – 0.000012840 – 0.000012820 – 0.000012330
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji