SHIB/USDT – 1H – BUYThe pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.000011800 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.000011050 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000012330 |
| Next High | 0.000011800 |
| Current Price | 0.000011610 |
| Next Low | 0.000011050 |
| 2nd Low | 0.000010040 |
| 3rd Low |
0.000011800 – 0.000011780 – 0.000011770 – 0.000011050 – 0.000011070 – 0.000011480
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji –