The combination Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.000028180 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.000025560 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
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 level at 0.000028180 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three White Soldiers’ candlestick pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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