The combination Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline upwards
An ascending movement up to the next resistance level at 0.000012660 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.000012040 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013390 |
| 2nd High | 0.000012860 |
| Next High | 0.000012660 |
| Current Price | 0.000012280 |
| Next Low | 0.000012040 |
| 2nd Low | 0.000011880 |
| 3rd Low | 0.000011850 |
0.000012660 – 0.000012860 – 0.000013390 – 0.000012320 – 0.000012440 – 0.000012990 — 43.859846712126 – 43.859846712126
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double top retreat up – –