SHIB/USDT – 30M – BUY

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

A bullish trend upwards to the next resistance at 0.000013190 will persist.

Caution: A possible change in the direction of support at 0.000012620 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘RSI cross above 30’ indicator signal is found. The indicator is ‘RSI cross above 30’. which could be a positive chart scenario. The currency pair is likely to rise.

Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.303536E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 0.000013190 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000013190 – 0.000013680 – 0.000014380 – 0.000012620 – 0.000012890 – 0.000013180 — 43.887941938198 – 45.515642274452

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