Furthermore a ‘Triple bottom chart pattern’ chart formation is discovered. The chart shows ‘Triple bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to go up.
The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support level at 0.000012850 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.000013170 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ chart pattern is detected. The chart shows ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013510 |
| 2nd High | 0.000013200 |
| Next High | 0.000013170 |
| Current Price | 0.000013030 |
| Next Low | 0.000012850 |
| 2nd Low | 0.000012840 |
| 3rd Low | 0.000012750 |
0.000013170 – 0.000013000 – 0.000013200 – 0.000012850 – 0.000012840 – 0.000012750 — 57.248587200906 – 52.90254172395
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –