SHIB/USDT – 1H – BUY

The combination Shiba Inu/Tether (SHIB/USDT) jumps from the bearish trendline upwards

The bullish trend up to the next resistance at 0.000013180 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 0.000012240 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 1.274504E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000013180 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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).

0.000013180 – 0.000013680 – 0.000014380 – 0.000012240 – 0.000012890 – 0.000013890 — 45.751800342636 – 46.594207376189

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple top chart pattern –