SHIB/USDT – 30M – BUYAdditionally a ‘Falling Wedge Chart Pattern’ chart pattern is found. The chart picture shows ‘Falling Wedge Chart Pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 0.000012070 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.000011510 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ chart pattern is found. 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014700 |
| 2nd High | 0.000013620 |
| Next High | 0.000012070 |
| Current Price | 0.000012020 |
| Next Low | 0.000011510 |
| 2nd Low | 0.000011410 |
| 3rd Low | 0.000010760 |
0.000012070 – 0.000011880 – 0.000013620 – 0.000011510 – 0.000011540 – 0.000013120
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji