SHIB/USDT – 30M – BUYThe pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 0.000011500 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.000011340 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011590 |
| 2nd High | 0.000011510 |
| Next High | 0.000011500 |
| Current Price | 0.000011470 |
| Next Low | 0.000011340 |
| 2nd Low | 0.000011210 |
| 3rd Low | 0.000011050 |
0.000011500 – 0.000011510 – 0.000011590 – 0.000011340 – 0.000011390 – 0.000011210
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji –