The pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.000021860 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.000020250 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Outside Up’ candlestick pattern is detected. The chart forms ‘Three Outside Up’. 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 probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024270 |
2nd High | 0.000021880 |
Next High | 0.000021860 |
Current Price | 0.000021460 |
Next Low | 0.000020250 |
2nd Low | |
3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Outside Up