SHIB/USDT – 4H – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 0.000014190 will continue.
Caution: A possible change in the direction of the support zone at 0.000012000 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle pattern is found. The candles form ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015970 |
| 2nd High | 0.000014380 |
| Next High | 0.000014190 |
| Current Price | 0.000013960 |
| Next Low | 0.000012000 |
| 2nd Low | 0.000011810 |
| 3rd Low | 0.000011210 |
0.000013200 – 0.000012570 – 0.000012610 – 0.000012000 – 0.000011810 – 0.000011980 — 75.444929941268 – 76.19665267662
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –