SHIB/USDT – 4H – BUY

The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance level at 0.000012570 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.000012000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 1.266E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.000012570 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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).

0.000012570 – 0.000012610 – 0.000012730 – 0.000012000 – 0.000011810 – 0.000011980 — 49.047732515735 – 52.193052388549

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