SHIB/USDT – 30M – BUY

The combination Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance line at 0.000014380 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.000012750 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘RSI fall below 70’ indicator signal is existing. The indicator shows ‘RSI fall below 70’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.000013330 – 0.000013010 – 0.000013080 – 0.000012750 – 0.000012370 – 0.000012280 — 57.55312603145 – 61.683409116558

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Belt Hold – Rising Wedge Chart Pattern – –