SHIB/USDT – 30M – BUY

The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline up.

A bullish ascent upwards to the next resistance line at 0.000013390 will persist.

Caution: A possible counter-trend in the direction of the support level at 0.000012440 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.2915E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000013390 could happen.
In the case of a trade, always set appropriate stop-loss settings.

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

0.000013390 – 0.000013200 – 0.000013040 – 0.000012440 – 0.000012990 – 0.000013090 — 50.724717483598 – 52.376804080929

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double top retreat up – –