The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.000028180 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.000025560 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 2.636E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000028180 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.000030460 |
Next High | 0.000028180 |
Current Price | 0.000026950 |
Next Low | 0.000025560 |
2nd Low | 0.000024870 |
3rd Low | 0.000024480 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three White Soldiers