SHIB/USDT – 4H – BUY

The combination Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline up.

A continuation of the upward movement upwards to the next resistance line at 0.000014700 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.000012750 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.416E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.000014700 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candle pattern is detected. The candles show ‘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).

0.000014160 – 0.000013870 – 0.000012150 – 0.000012750 – 0.000011210 – 0.000011260

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