SHIB/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance level at 0.000012650 is expected.

Caution: A possible change in the direction of support at is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.285966E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 0.000012650 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ chart pattern is found. 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000012650 – 0.000012620 – 0.000012420 – 0.000012420 – 0.000012100 – 0.000012070 — 55.783181409989 – 60.935408528012

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