SHIB/USDT – 1H – BUYThe pair breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 0.000019780 will continue.
Caution: A possible counter-trend in the direction of support at 0.000018400 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is found. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000020390 |
| 2nd High | 0.000019900 |
| Next High | 0.000019780 |
| Current Price | 0.000019300 |
| Next Low | 0.000018400 |
| 2nd Low | 0.000018300 |
| 3rd Low | 0.000017530 |