SHIB/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance at 0.000013170 will persist.

Caution: A possible counter-trend in the direction of the support line at 0.000012820 could happen.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI cross above 20’ indicator layout is existing. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish chart scenario. The currency pair could go up.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.30796E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000013170 could happen.
Consider stop-loss settings accordingly.

Moreover a ‘Northern Doji’ candlestick pattern is found. 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000013170 – 0.000013420 – 0.000013920 – 0.000012820 – 0.000012980 – 0.000013410 — 41.094975142251 – 44.640429595541

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