SHIB/USDT – 30M – BUY

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

The bullish trend up to the next resistance at 0.000012430 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.000012280 should be noted.
Consider stop-loss settings accordingly.

And also a ‘StochRSI cross above 20’ indicator signal is detected. The indicator shows ‘StochRSI cross above 20’. which could be a positive chart signal. The currency pair is likely to rise.

And also a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000012430 – 0.000012440 – 0.000012120 – 0.000012280 – 0.000012040 – 0.000011880 — 56.594276628148 – 64.566213611706

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom chart pattern – –