Buy SHIB/USDT – 1H – BUY

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

The bullish trend upwards to the next resistance at 0.000013050 is considered certain.

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

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000014190
2nd High 0.000013150
Next High 0.000013050
Current Price 0.000013040
Next Low
2nd Low
3rd Low

0.000013050 – 0.000013150 – 0.000014190 – 0.000012500 – 0.000012620 – 0.000012710 — 57.132052088766 – 57.897027827878

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