SHIB/USDT – 1H – BUY

The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance at 0.000013390 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.000012500 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

Then 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000013390 – 0.000013050 – 0.000013150 – 0.000012900 – 0.000012500 – 0.000012620 — 34.389599472744 – 35.842435550568

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double top retreat up – –