SHIB/USDT – 30M – BUY

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

An ascent upwards to the next resistance line at 0.000012860 will persist.

Caution: A possible change in the direction of the support level at 0.000012440 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 1.26642E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 0.000012860 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000012860 – 0.000013390 – 0.000013200 – 0.000012440 – 0.000012990 – 0.000013090 — 43.323169641877 – 44.094883337017

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