Buy SHIB/USDT – 1H – BUY

The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards

A bullish movement up to the next resistance level at 0.000012860 is certain.

Caution: A possible counter-trend in the direction of the support zone at 0.000012040 could happen.
In the case of a trade, always set appropriate stop-loss settings.

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

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

Support & Resistance Price Range*
3rd High 0.000014190
2nd High 0.000013390
Next High 0.000012860
Current Price 0.000012400
Next Low 0.000012040
2nd Low 0.000011850
3rd Low 0.000011450

0.000012860 – 0.000013390 – 0.000013050 – 0.000012040 – 0.000012440 – 0.000012900 — 48.297337251659 – 53.512769943245

Trading Signals:

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