SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance line at 0.000014160 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.000012750 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle pattern is found. The candles show ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015740 |
| 2nd High | 0.000014700 |
| Next High | 0.000014160 |
| Current Price | 0.000013560 |
| Next Low | 0.000012750 |
| 2nd Low | 0.000011450 |
| 3rd Low | 0.000011370 |
0.000014160 – 0.000013500 – 0.000013540 – 0.000012750 – 0.000013080 – 0.000013090
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji –