Buy SHIB/USDT – 30M – BUY

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

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

Caution: A possible trend reversal in the direction of support at 0.000025560 is also possible.
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. 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 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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:

Forex and Crypto Live Trading Signals - MyLiveSignals