SHIB/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance level at 0.000014850 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 0.000013450 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.485E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000014850 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000014850 – 0.000013820 – 0.000013830 – 0.000013450 – 0.000012750 – 0.000013080

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