SHIB/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance level at 0.000014850 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.000012750 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

And also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000014850 – 0.000013830 – 0.000014160 – 0.000012750 – 0.000013080 – 0.000013090

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