SHIB/USDT – 4H – BUY

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

A continuation of the uptrend up to the next resistance line at 0.000013510 is certain.

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

Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. 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 0.000013510 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. 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 – 0.000012570 – 0.000012610 – 0.000012000 – 0.000011810 – 0.000011980 — 66.357062270869 – 67.864656886794

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