SHIB/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance level at 0.000013330 will persist.

Caution: A possible trend reversal in the direction of the support line at 0.000012750 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘RSI cross above 70’ indicator layout is found. The indicator shows ‘RSI cross above 70’. this is usually a bullish signal. The currency pair is likely to rise.

Moreover a ‘StochRSI cross above 20’ indicator layout is found. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000013330 – 0.000013010 – 0.000013080 – 0.000012750 – 0.000012370 – 0.000012280 — 70.262075710817 – 71.409066257473

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