SHIB/USDT – 4H – BUY

The pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards

An ascending movement up to the next resistance at 0.000014840 will persist.

Caution: A possible change in the direction of the support level at 0.000012000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The pair is likely to go up.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.412492E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 0.000014840 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Bearish Harami Cross’ candlestick chart pattern is detected. The chart forms ‘Bearish Harami Cross’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

0.000014840 – 0.000013200 – 0.000012570 – 0.000012000 – 0.000011810 – 0.000011980 — 57.281253046249 – 57.540441941584

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bearish Harami Cross – Triple bottom chart pattern – –