SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 0.000011430 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000011350 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish signal. The currency 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 | 0.000011790 |
| 2nd High | 0.000011770 |
| Next High | 0.000011430 |
| Current Price | 0.000011200 |
| Next Low | 0.000011350 |
| 2nd Low | 0.000011340 |
| 3rd Low | 0.000010760 |
0.000011430 – 0.000011770 – 0.000011790 – 0.000011420 – 0.000011350 – 0.000011340
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji