The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 0.000026360 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000024870 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘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
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three White Soldiers