Buy SHIB/USDT – 1H – BUY

The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.

A bullish ascent up to the next resistance at 0.000013060 will persist.

Caution: A possible trend reversal in the direction of the support zone at 0.000012770 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ chart pattern is existing. The chart forms ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000013610
2nd High 0.000013590
Next High 0.000013060
Current Price 0.000013030
Next Low 0.000012770
2nd Low 0.000012680
3rd Low 0.000012660

0.000013060 – 0.000013590 – 0.000013610 – 0.000012770 – 0.000012830 – 0.000012860 — 56.370609533299 – 59.799681531338

Trading Signals:

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