SHIB/USDT – 30M – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 0.000013140 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.000011830 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014190 |
| 2nd High | 0.000013510 |
| Next High | 0.000013140 |
| Current Price | 0.000012150 |
| Next Low | 0.000011830 |
| 2nd Low | 0.000011450 |
| 3rd Low | 0.000011370 |
0.000013140 – 0.000013510 – 0.000013320 – 0.000011830 – 0.000012260 – 0.000012710 — 45.611782536556 – 47.105913918628
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –