The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.000028180 will persist.
Caution: A possible trend reversal in the direction of support at 0.000025560 could happen.
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 will persist. Target of the current trend is 2.636E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.000028180 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. 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 | |
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