Buy SHIB/USDT – 30M – BUY

The combination Shiba Inu/Tether (SHIB/USDT) breaks through the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance at 0.000028180 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 0.000025560 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 2.636E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.000028180 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. which is a positive signal. The 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
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

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