SHIB/USDT – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance line at 0.000015970 is expected.

Caution: A possible trend reversal in the direction of the support level at 0.000015090 is within the realm of possibility.
Consider stop-loss settings accordingly.

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

Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.

Next a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish 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).

0.000015970 – 0.000015890 – 0.000015840 – 0.000015090 – 0.000014480 – 0.000014220

Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom retreat down