SHIB/USDT – 30M – BUY

The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.

A bullish movement upwards to the next resistance level at 0.000013040 is considered certain.

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

And also 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 signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.315E-5 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 0.000013040 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000013040 – 0.000013050 – 0.000013030 – 0.000012830 – 0.000012500 – 0.000012620 — 59.402382388288 – 60.471704902657

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