SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline up.
A bullish movement up to the next resistance level at 0.000013810 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.000012890 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.000014150 |
| 2nd High | 0.000013830 |
| Next High | 0.000013810 |
| Current Price | 0.000013060 |
| Next Low | 0.000012890 |
| 2nd Low | 0.000012850 |
| 3rd Low | 0.000012840 |
0.000013810 – 0.000013830 – 0.000014150 – 0.000013580 – 0.000013530 – 0.000013860 — 30.06243228881 – 33.389598414684
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –