SHIB/USDT – 1H – BUY

The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.

An ascending movement upwards to the next resistance at 0.000012480 will continue.

Caution: A possible trend reversal in the direction of support at 0.000011980 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.

Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

Furthermore a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000012480 – 0.000012730 – 0.000012730 – 0.000011980 – 0.000012400 – 0.000012370 — 58.797044081818 – 61.533705769006

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom chart pattern – –