SHIB/USDT – 1H – BUYThe pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline downwards
A descent down to the next support line at 0.000026840 is likely expected.
Caution: A possible change in the direction of resistance at 0.000028330 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 2.83876E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 0.000028330 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000029790 |
| 2nd High | 0.000028840 |
| Next High | 0.000028330 |
| Current Price | 0.000026890 |
| Next Low | 0.000026840 |
| 2nd Low | 0.000026830 |
| 3rd Low | 0.000024180 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three White Soldiers