The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.000028180 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.000025560 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 2.636E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.000028180 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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