The pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 0.000013870 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.000011210 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Next a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016000 |
| 2nd High | 0.000014700 |
| Next High | 0.000013870 |
| Current Price | 0.000013740 |
| Next Low | 0.000011210 |
| 2nd Low | 0.000011050 |
| 3rd Low | 0.000010040 |
0.000013870 – 0.000012150 – 0.000011800 – 0.000011210 – 0.000011260 – 0.000011050
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern