SHIB/USDT – 1H – BUY

The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline upwards

An ascent up to the next resistance at 0.000013180 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 0.000012240 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘RSI fall below 70’ indicator signal is existing. The indicator shows ‘RSI fall below 70’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘StochRSI fall below 80’ indicator signal is existing. The indicator shows ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.274504E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.000013180 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. 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).

0.000013180 – 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 – –