The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance at 0.000013190 will continue.
Caution: A possible counter-trend in the direction of support at 0.000012890 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency 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 | 0.000014380 |
| 2nd High | 0.000013680 |
| Next High | 0.000013190 |
| Current Price | 0.000013030 |
| Next Low | 0.000012890 |
| 2nd Low | 0.000012750 |
| 3rd Low | 0.000011450 |
0.000013190 – 0.000013680 – 0.000014380 – 0.000012890 – 0.000013180 – 0.000013970 — 40.799644843541 – 44.4336555324
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple top chart pattern –