SHIB/USDT – 30M – BUY

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

A bullish movement up to the next resistance line at 0.000012430 will continue.

Caution: A possible change in the direction of the support zone at 0.000012040 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘StochRSI fall below 80’ indicator signal is existing. The indicator is ‘StochRSI fall below 80’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.244E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.000012430 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000012430 – 0.000012440 – 0.000012120 – 0.000012040 – 0.000011880 – 0.000011850 — 56.169458559748 – 58.426775113227

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –