SHIB/USDT – 4H – BUY

The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards

A bullish movement up to the next resistance line at 0.000014380 is considered certain.

Caution: A possible change in the direction of the support level at 0.000011210 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.359E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.000014380 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000014380 – 0.000015970 – 0.000015780 – 0.000012970 – 0.000012750 – 0.000011210 — 45.384862702809 – 46.159867382716

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