The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline up.
A bullish trend upwards to the next resistance level at 0.000014050 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 0.000012970 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘RSI cross above 30’ indicator signal is found. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart signal. The pair is likely to go up.
Moreover a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015670 |
| 2nd High | 0.000015520 |
| Next High | 0.000014050 |
| Current Price | 0.000013560 |
| Next Low | 0.000012970 |
| 2nd Low | 0.000012750 |
| 3rd Low | 0.000011450 |
0.000014050 – 0.000015520 – 0.000015370 – 0.000012970 – 0.000013410 – 0.000014730
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – –