SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance level at 0.000013810 will persist.
Caution: A possible trend reversal in the direction of support at 0.000012920 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency 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 | 0.000014150 |
| 2nd High | 0.000013830 |
| Next High | 0.000013810 |
| Current Price | 0.000013100 |
| Next Low | 0.000012920 |
| 2nd Low | 0.000012890 |
| 3rd Low | 0.000012850 |
0.000013810 – 0.000013830 – 0.000014150 – 0.000012920 – 0.000013580 – 0.000013530 — 46.660878755848 – 51.472440368555
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –