SHIB/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance level at 0.000014190 is certain.

Caution: A possible change in the direction of the support level at 0.000013930 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.

Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 1.423E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.000014190 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Northern Doji’ chart pattern is existing. The candles form ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000014190 – 0.000014170 – 0.000014230 – 0.000013940 – 0.000013930 – 0.000013970 — 46.868355841188 – 52.820575335667

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