The combination Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 0.000028180 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.000025560 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 2.636E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000028180 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.000030460 |
Next High | 0.000028180 |
Current Price | 0.000026950 |
Next Low | 0.000025560 |
2nd Low | 0.000024870 |
3rd Low | 0.000024480 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three White Soldiers