SHIB/USDT – 1H – BUY

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

A bullish trend up to the next resistance at 0.000013540 is expected.

Caution: A possible change in the direction of the support line at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

Also there is a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000013540 – 0.000013870 – 0.000011970 – 0.000012820 – 0.000013050 – 0.000011450

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