Buy SHIB/USDT – 1H – BUY

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

A bullish ascent upwards to the next resistance line at 0.000026360 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.000024870 could be enabled.
Consider stop-loss settings accordingly.

In addition a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. which is a bullish signal. 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%.

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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