SHIB/USDT – 1H – BUY

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

The bullish trend up to the next resistance at 0.000014000 will continue.

Caution: A possible counter-trend in the direction of support at 0.000012710 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The 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).

0.000013920 – 0.000014000 – 0.000014060 – 0.000012710 – 0.000012820 – 0.000013260 — 67.328493846877 – 67.574934001906

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double bottom retreat down – –