SHIB/USDT – 1H – BUY

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

The bullish trend up to the next resistance level at 0.000015520 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.000013890 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.

Besides a ‘RSI cross above 70’ indicator signal is discovered. The indicator shows ‘RSI cross above 70’. which could be a positive chart scenario. The currency pair is likely to rise.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

Besides a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000014190 – 0.000014230 – 0.000014020 – 0.000013890 – 0.000013930 – 0.000013200 — 58.02827041016 – 64.247596545108

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom retreat down –