SHIB/USDT – 1H – BUY

The combination Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline upwards

A bullish trend upwards to the next resistance line at 0.000013180 is likely expected.

Caution: A possible trend reversal in the direction of support at 0.000012240 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘RSI fall below 30’ indicator signal is discovered. The indicator is ‘RSI fall below 30’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.274504E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.000013180 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Northern Doji’ candle pattern is found. The candles form ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000013180 – 0.000013680 – 0.000014380 – 0.000012240 – 0.000012890 – 0.000013890 — 45.751800342636 – 46.594207376189

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