The pair Shiba Inu/Tether (SHIB/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.000014190 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.000012900 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.32E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.000014190 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. 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 | 0.000015520 |
| 2nd High | 0.000014380 |
| Next High | 0.000014190 |
| Current Price | 0.000013340 |
| Next Low | 0.000012900 |
| 2nd Low | 0.000012830 |
| 3rd Low | 0.000012500 |
0.000013200 – 0.000013040 – 0.000013050 – 0.000012900 – 0.000012830 – 0.000012500 — 62.421192739058 – 71.248175658278
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –