SHIB/USDT – 30M – BUY

The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards

A bullish trend up to the next resistance at 0.000014160 is considered certain.

Caution: A possible change in the direction of the support level at 0.000013080 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.

And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

And also a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a positive pattern 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).

0.000014160 – 0.000013500 – 0.000013540 – 0.000013080 – 0.000013090 – 0.000012820

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