SHIB/USDT – 1H – BUY

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

The bullish trend upwards to the next resistance at 0.000013060 is expected.

Caution: A possible trend reversal in the direction of the support line at 0.000012770 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

And also a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000013060 – 0.000013590 – 0.000013610 – 0.000012770 – 0.000012830 – 0.000012860 — 51.880256325324 – 55.518916887317

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –