SHIB/USDT – 4H – BUY

The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards

A bullish movement up to the next resistance at 0.000012730 is certain.

Caution: A possible counter-trend in the direction of the support level at 0.000011830 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.267E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000012730 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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).

0.000012730 – 0.000013510 – 0.000013500 – 0.000011830 – 0.000012020 – 0.000012030 — 48.231760197409 – 48.583643943176

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