Buy SHIB/USDT – 4H – BUY

The pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 0.000011800 will persist.

Caution: A possible change in the direction of the support zone at 0.000011050 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Moreover a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 0.000011970
Next Low 0.000011050
2nd Low 0.000010040
3rd Low

0.000011800 – 0.000012330 – 0.000013620 – 0.000011050 – 0.000010040 – 0.000011340

Trading Signals:

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