The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.000013390 will persist.
Caution: A possible trend reversal in the direction of support at 0.000012900 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
In addition a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014380 |
| 2nd High | 0.000014190 |
| Next High | 0.000013390 |
| Current Price | 0.000013050 |
| Next Low | 0.000012900 |
| 2nd Low | 0.000012830 |
| 3rd Low | 0.000012500 |
0.000013390 – 0.000013200 – 0.000013040 – 0.000013090 – 0.000012900 – 0.000012830 — 41.682347712019 – 42.969151934678
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –