The combination Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 0.000014000 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.000013400 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
Next a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014380 |
| 2nd High | 0.000014060 |
| Next High | 0.000014000 |
| Current Price | 0.000014010 |
| Next Low | 0.000013400 |
| 2nd Low | 0.000012710 |
| 3rd Low | 0.000012370 |
0.000013750 – 0.000013170 – 0.000013420 – 0.000013400 – 0.000012710 – 0.000012820 — 68.767020974872 – 69.817526242574
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –