The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance level at 0.000012480 will persist.
Caution: A possible change in the direction of the support level at 0.000012090 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012730 |
| 2nd High | 0.000012610 |
| Next High | 0.000012480 |
| Current Price | 0.000012450 |
| Next Low | 0.000012090 |
| 2nd Low | 0.000011810 |
| 3rd Low | 0.000011450 |
0.000012480 – 0.000012460 – 0.000012610 – 0.000012090 – 0.000011810 – 0.000011920 — 54.723317955901 – 57.087115227511
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –