The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 0.000023560 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 0.000022020 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ chart pattern is existing. The candles form ‘Three White Soldiers’. which 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 | 0.000027960 |
2nd High | 0.000027490 |
Next High | 0.000023560 |
Current Price | 0.000023500 |
Next Low | 0.000022020 |
2nd Low | 0.000021920 |
3rd Low | 0.000021180 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three White Soldiers