SHIB/USDT – 30M – BUY

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

An ascending movement up to the next resistance level at 0.000012480 is expected.

Caution: A possible trend reversal in the direction of the support level at 0.000012290 should always be considered.
Consider stop-loss settings accordingly.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.261E-5 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000012480 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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).

0.000012480 – 0.000012460 – 0.000012610 – 0.000012290 – 0.000012090 – 0.000011810 — 55.704930707412 – 58.715713779813

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