SHIB/USDT – 4H – BUYThe pair Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 0.000013510 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.000012000 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014380 |
| 2nd High | 0.000014190 |
| Next High | 0.000013510 |
| Current Price | 0.000013840 |
| Next Low | 0.000012000 |
| 2nd Low | 0.000011810 |
| 3rd Low | 0.000011210 |
0.000013200 – 0.000012570 – 0.000012610 – 0.000012000 – 0.000011810 – 0.000011980 — 72.016493114403 – 74.414903841636
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom retreat down – –