SHIB/USDT – 4H – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 0.000014700 is considered certain.
Caution: A possible change in the direction of the support level at 0.000012750 could happen.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000017650 |
| 2nd High | 0.000016000 |
| Next High | 0.000014700 |
| Current Price | 0.000015680 |
| Next Low | 0.000012750 |
| 2nd Low | 0.000011210 |
| 3rd Low | 0.000011050 |
0.000014160 – 0.000013870 – 0.000012150 – 0.000012750 – 0.000011210 – 0.000011260
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern