Buy SHIB/USDT – 1H – BUY

The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.

A bullish ascent upwards to the next resistance level at 0.000026360 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 0.000024870 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.000028180
2nd High 0.000026520
Next High 0.000026360
Current Price 0.000026950
Next Low 0.000024870
2nd Low 0.000023320
3rd Low 0.000023030

Download SHIB/USDT Signal Image

Trading Signals:

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