The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.000028180 is likely expected.
Caution: A possible change in the direction of support at 0.000025560 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 2.636E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 0.000028180 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The 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 | |
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