SHIB/USDT – 1H – BUY

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

The bullish trend upwards to the next resistance line at 0.000013180 is certain.

Caution: A possible change in the direction of the support line at 0.000012240 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘RSI fall below 70’ indicator signal is discovered. The indicator shows ‘RSI fall below 70’. which could be a negative signal. The currency pair could go down.

Next a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The currency pair could go down.

Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 1.274504E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.000013180 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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).

0.000013180 – 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 – –