SHIB/USDT – 30M – BUY

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

An ascent upwards to the next resistance line at 0.000021860 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.000020250 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2.2265E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000021860 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three White Soldiers