The currency pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.000012720 is expected.
Caution: A possible change in the direction of the support zone at 0.000012280 could happen.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. which is often a bearish chart scenario. The currency pair could go down.
In addition a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | 0.000013190 |
| 2nd High | 0.000013180 |
| Next High | 0.000012720 |
| Current Price | 0.000012530 |
| Next Low | 0.000012280 |
| 2nd Low | 0.000012040 |
| 3rd Low | 0.000011880 |
0.000012720 – 0.000012430 – 0.000012440 – 0.000012280 – 0.000012040 – 0.000011880 — 50.429088891368 – 51.510784732311
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –