SHIB/USDT – 1H – BUY

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

A bullish ascent upwards to the next resistance line at 0.000014190 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

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

Next a ‘RSI fall below 70’ indicator signal is detected. The indicator is ‘RSI fall below 70’. which could be a positive chart scenario. The currency pair could go up.

Next a ‘Tweezers Bottom’ candle chart pattern is discovered. The candles show ‘Tweezers Bottom’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).

0.000014190 – 0.000014230 – 0.000014020 – 0.000013890 – 0.000013930 – 0.000013200 — 51.019340376459 – 53.648155778058

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Tweezers Bottom – Double bottom retreat down –