SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance line at 0.000013820 is expected.
Caution: A possible counter-trend in the direction of the support line at 0.000013450 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014160 |
| 2nd High | 0.000013830 |
| Next High | 0.000013820 |
| Current Price | 0.000013780 |
| Next Low | 0.000013450 |
| 2nd Low | 0.000012750 |
| 3rd Low | 0.000011450 |
0.000013820 – 0.000013830 – 0.000014160 – 0.000013450 – 0.000012750 – 0.000013080
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Three White Soldiers – Triple bottom chart pattern