SHIB/USDT – 4H – BUY

The pair breaks through the bearish trendline upwards

A bullish ascent up to the next resistance line at 0.000019900 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.000016190 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.99E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000019900 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘Three White Soldiers’. which is a positive signal. The currency 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’ heading up is 82%.

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT