The combination Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 0.000026360 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.000024870 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency 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 | 0.000028180 |
2nd High | 0.000026520 |
Next High | 0.000026360 |
Current Price | 0.000026950 |
Next Low | 0.000024870 |
2nd Low | 0.000023320 |
3rd Low | 0.000023030 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three White Soldiers