SHIB/USDT – 1H – BUYThe currency pair breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 0.000019480 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.000018720 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. this 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 probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000019900 |
| 2nd High | 0.000019510 |
| Next High | 0.000019480 |
| Current Price | 0.000019050 |
| Next Low | 0.000018720 |
| 2nd Low | 0.000018300 |
| 3rd Low | 0.000017530 |