Buy SHIB/USDT – 1H – BUY

The combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.

An ascending movement upwards to the next resistance level at 0.000025840 is certain.

Caution: A possible change in the direction of support at 0.000024020 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next 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 likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.000030460
2nd High 0.000026210
Next High 0.000025840
Current Price 0.000025510
Next Low 0.000024020
2nd Low 0.000023260
3rd Low 0.000022590

Download SHIB/USDT Signal Image

Trading Signals:

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