SHIB/USDT – 1H – BUY

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

A bullish trend up to the next resistance line at 0.000012570 is considered certain.

Caution: A possible change in the direction of support at 0.000012150 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000012480 – 0.000012570 – 0.000012480 – 0.000012150 – 0.000012000 – 0.000012290 — 61.979612860595 – 63.471998028598

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