Buy SHIB/USDT – 1H – BUY

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

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