SHIB/USDT – 1H – BUY

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

An ascending movement up to the next resistance level at 0.000013680 is certain.

Caution: A possible counter-trend in the direction of the support line at 0.000011450 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘RSI cross above 30’ indicator layout is discovered. The indicator is ‘RSI cross above 30’. this is usually a bullish chart signal. The pair is likely to go up.

Next a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. 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).

0.000013680 – 0.000014380 – 0.000014190 – 0.000012890 – 0.000013890 – 0.000013930 — 39.302797337039 – 40.909352519442

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple top chart pattern –