Buy SHIB/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance at 0.000014190 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 0.000013930 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.

Also there is a ‘RSI cross above 70’ indicator signal is detected. The indicator is ‘RSI cross above 70’. this is usually a bullish signal. The currency pair could go up.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

Also there is a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. this 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000015520
2nd High 0.000014230
Next High 0.000014190
Current Price 0.000014090
Next Low 0.000013930
2nd Low 0.000013200
3rd Low 0.000012970

0.000014190 – 0.000014230 – 0.000014020 – 0.000013930 – 0.000013200 – 0.000012970 — 51.883629663911 – 53.712581348696

Trading Signals:

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