SHIB/USDT – 1H – BUY

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

The bullish trend up to the next resistance line at 0.000013180 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 0.000012240 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘RSI fall below 70’ indicator signal is existing. The indicator is ‘RSI fall below 70’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘StochRSI fall below 80’ indicator signal is existing. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.274504E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000013180 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 – Rising Wedge Chart Pattern – –