SHIB/USDT – 1H – BUY

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

A bullish movement upwards to the next resistance level at 0.000026360 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 0.000024870 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three White Soldiers’ chart pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three White Soldiers