SHIB/USDT – 30M – BUY

The pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance at 0.000013870 is expected.

Caution: A possible change in the direction of the support zone at 0.000013050 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.387E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 0.000013870 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000013870 – 0.000013680 – 0.000011970 – 0.000013050 – 0.000013290 – 0.000013260

Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji –