The combination Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline upwards
The bullish trend up to the next resistance level at 0.000013420 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.000012980 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘RSI cross above 30’ indicator signal is found. The indicator is ‘RSI cross above 30’. which could be a negative signal. The currency pair could go down.
Moreover a ‘StochRSI cross above 20’ indicator signal is found. The indicator is ‘StochRSI cross above 20’. which could be a negative signal. The currency pair could go down.
Moreover a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a bullish 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 | 0.000014000 |
| 2nd High | 0.000013920 |
| Next High | 0.000013420 |
| Current Price | 0.000012940 |
| Next Low | 0.000012980 |
| 2nd Low | 0.000012750 |
| 3rd Low | 0.000012370 |
0.000013420 – 0.000013920 – 0.000013700 – 0.000012980 – 0.000013410 – 0.000013260 — 30.908937085188 – 33.593878522076
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –