Buy SHIB/USDT – 1H – BUY

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

An ascent up to the next resistance line at 0.000011770 is likely expected.

Caution: A possible change in the direction of the support level at 0.000010040 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The 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 0.000012330
2nd High 0.000011790
Next High 0.000011770
Current Price 0.000010780
Next Low 0.000010040
2nd Low
3rd Low

0.000011770 – 0.000011790 – 0.000012330 – 0.000010040 – 0.000010570 – 0.000011350

Trading Signals:

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