SHIB/USDT – 1H – BUY

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

A continuation of the upward movement upwards to the next resistance at 0.000013200 is expected.

Caution: A possible counter-trend in the direction of support at 0.000012680 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.32E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.000013200 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000013200 – 0.000012980 – 0.000012480 – 0.000012680 – 0.000012660 – 0.000012150 — 59.917101563048 – 62.308731992144

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –