SHIB/USDT – 30M – BUY

The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards

The bullish trend up to the next resistance level at 0.000012430 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 0.000012280 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. which could be a positive chart signal. The currency pair could go up.

Besides a ‘StochRSI cross above 20’ indicator layout is found. The indicator is ‘StochRSI cross above 20’. which could be a positive chart signal. The currency pair could go up.

Besides a ‘Bullish Separating Lines’ candlestick pattern is discovered. The candles form ‘Bullish Separating Lines’. 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 likelyhood of ‘Bullish Separating Lines’ going up is 72% (Bull Market) & 69% (Bear Market).

0.000012430 – 0.000012440 – 0.000012120 – 0.000012280 – 0.000012040 – 0.000011880 — 57.470277275269 – 61.939234133146

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Separating Lines – Double bottom chart pattern – –