Besides a ‘Triple bottom chart pattern’ chart formation is discovered. The chart shows ‘Triple bottom chart pattern’. which is a bullish signal. The currency pair is likely to rise.
The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline down.
A descent down to the next support at 0.000013530 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.000014150 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.000014840 |
| 2nd High | 0.000014350 |
| Next High | 0.000014150 |
| Current Price | 0.000013720 |
| Next Low | 0.000013530 |
| 2nd Low | 0.000013190 |
| 3rd Low | 0.000012890 |
0.000014150 – 0.000014350 – 0.000014840 – 0.000013530 – 0.000013860 – 0.000014060 — 46.566417035627 – 44.35647798645
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –