The combination Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.000014850 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.000013450 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.485E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.000014850 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016000 |
| 2nd High | 0.000015740 |
| Next High | 0.000014850 |
| Current Price | 0.000014450 |
| Next Low | 0.000013450 |
| 2nd Low | 0.000012750 |
| 3rd Low | 0.000011450 |
0.000014850 – 0.000013820 – 0.000013830 – 0.000013450 – 0.000012750 – 0.000013080
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji –