SHIB/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance at 0.000013180 will continue.

Caution: A possible counter-trend in the direction of the support level at 0.000012240 could occur.
Consider stop-loss settings accordingly.

Next a ‘RSI fall below 30’ indicator signal is existing. The indicator shows ‘RSI fall below 30’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘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 continue. Target of the current trend is 1.274504E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000013180 could occur.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. 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 –