SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 0.000013200 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.000012680 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014190 |
| 2nd High | 0.000013510 |
| Next High | 0.000013200 |
| Current Price | 0.000012960 |
| Next Low | 0.000012680 |
| 2nd Low | 0.000012660 |
| 3rd Low | 0.000012340 |
0.000013200 – 0.000012960 – 0.000012980 – 0.000012680 – 0.000012660 – 0.000012750 — 57.900809367859 – 57.900809367859
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –