Buy SHIB/USDT – 4H – BUY

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

The bullish trend upwards to the next resistance level at 0.000026160 will persist.

Caution: A possible trend reversal in the direction of the support line at 0.000022590 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.000030460
2nd High 0.000026210
Next High 0.000026160
Current Price 0.000025060
Next Low 0.000022590
2nd Low 0.000016190
3rd Low 0.000015830

Download SHIB/USDT Signal Image

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