Buy SHIB/USDT – 1H – BUY

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

A continuation of the upward movement upwards to the next resistance line at 0.000013200 will persist.

Caution: A possible trend reversal in the direction of the support line at 0.000012680 is within the realm of possibility.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 1.32E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000013200 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000014190
2nd High 0.000013510
Next High 0.000013200
Current Price 0.000012980
Next Low 0.000012680
2nd Low 0.000012660
3rd Low 0.000012150

0.000013200 – 0.000012980 – 0.000012480 – 0.000012680 – 0.000012660 – 0.000012150 — 49.652900169739 – 51.792332885648

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