SHIB/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance at 0.000015670 is expected.

Caution: A possible change in the direction of the support level at 0.000014730 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.

Also there is a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.561836E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 0.000015670 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000015670 – 0.000015970 – 0.000015890 – 0.000014730 – 0.000015170 – 0.000015090

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