SHIB/USDT – 1H – BUY

The combination Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline up.

An ascending movement up to the next resistance line at 0.000013180 will persist.

Caution: A possible change in the direction of the support level at 0.000012240 could occur.
Consider stop-loss settings accordingly.

Next a ‘RSI cross above 30’ indicator signal is found. The indicator shows ‘RSI cross above 30’. which could be a positive chart scenario. The pair is likely to go up.

Next a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.274504E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 0.000013180 could occur.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going 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 –