Buy SHIB/USDT – 1H – BUY

The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance level at 0.000024620 is certain.

Caution: A possible change in the direction of support at 0.000023420 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Three Outside Up’ candlestick chart pattern is detected. The candles form ‘Three Outside Up’. 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 chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000027960
2nd High 0.000027490
Next High 0.000024620
Current Price 0.000024110
Next Low 0.000023420
2nd Low 0.000020650
3rd Low 0.000020530

Download SHIB/USDT Signal Image

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