The pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance level at 0.000014050 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.000013240 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | 0.000015670 |
| 2nd High | 0.000015520 |
| Next High | 0.000014050 |
| Current Price | 0.000014050 |
| Next Low | 0.000013240 |
| 2nd Low | 0.000013200 |
| 3rd Low | 0.000012970 |
0.000013800 – 0.000014020 – 0.000014050 – 0.000013240 – 0.000013200 – 0.000012970 — 62.244819759105 – 63.202349227484
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom chart pattern –