SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.000012480 is considered certain.
Caution: A possible change in the direction of support at 0.000012320 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Bullish Belt Hold’ candle chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012610 |
| 2nd High | 0.000012570 |
| Next High | 0.000012480 |
| Current Price | 0.000012420 |
| Next Low | 0.000012320 |
| 2nd Low | 0.000012150 |
| 3rd Low | 0.000012110 |
0.000012480 – 0.000012410 – 0.000012290 – 0.000012320 – 0.000012150 – 0.000012110 — 50.12977828758 – 57.340148690005
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Belt Hold – – –