SHIB/USDT – 1H – BUY

The pair Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline upwards

The bullish trend up to the next resistance level at 0.000013180 will continue.

Caution: A possible reversal of the trend in the direction of support at 0.000012240 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

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

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.274504E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000013180 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000013180 – 0.000013680 – 0.000014380 – 0.000012240 – 0.000012890 – 0.000013890 — 45.751800342636 – 46.594207376189

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple top chart pattern –