Buy SHIB/USDT – 1H – BUY

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

A continuation of the upward movement upwards to the next resistance level at 0.000012720 is considered certain.

Caution: A possible change in the direction of the support level at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Besides a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000013390
2nd High 0.000012860
Next High 0.000012720
Current Price 0.000012460
Next Low
2nd Low
3rd Low

0.000012720 – 0.000012860 – 0.000013390 – 0.000012260 – 0.000012030 – 0.000012040 — 51.896928096974 – 53.341159525905

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