SHIB/USDT – 30M – BUY

The pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards

A bullish ascent upwards to the next resistance line at 0.000014160 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 0.000013450 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.416E-5 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000014160 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. 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).

0.000013820 – 0.000013830 – 0.000014160 – 0.000013450 – 0.000012750 – 0.000013080

Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern