Buy SHIB/USDT – 1H – BUY

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

A bullish movement upwards to the next resistance line at 0.000024080 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.000021280 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency 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 0.000027960
2nd High 0.000027490
Next High 0.000024080
Current Price 0.000022410
Next Low 0.000021280
2nd Low 0.000020950
3rd Low 0.000020880

Download SHIB/USDT Signal Image

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