Buy SHIB/USDT – 1H – BUY

The pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards

A bullish movement up to the next resistance at 0.000026360 will continue.

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

Furthermore a ‘Three White Soldiers’ candle pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading 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:

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