SHIB/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance level at 0.000012890 will persist.

Caution: A possible counter-trend in the direction of support at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.

Besides a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. 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).

0.000012890 – 0.000012830 – 0.000012970 – 0.000012370 – 0.000011890 – 0.000012690

Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji