SHIB/USDT – 1H – BUY

The pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline up.

A continuation of the bullish trend up to the next resistance line at 0.000014160 is considered certain.

Caution: A possible counter-trend in the direction of support at is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000014160 – 0.000013540 – 0.000013870 – 0.000013080 – 0.000013090 – 0.000012820

Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Double top retreat up