The pair Shiba Inu/Tether (SHIB/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.000028130 is certain.
Caution: A possible change in the direction of the support line at 0.000024250 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bullish Engulfing’ candle chart pattern is existing. The chart shows ‘Bullish Engulfing’. 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 ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.000030460 |
Next High | 0.000028130 |
Current Price | 0.000026890 |
Next Low | 0.000024250 |
2nd Low | 0.000023030 |
3rd Low | 0.000022590 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Engulfing