SHIB/USDT – 30M – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.000027490 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000020710 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000028330 |
| 2nd High | 0.000027960 |
| Next High | 0.000027490 |
| Current Price | 0.000024130 |
| Next Low | 0.000020710 |
| 2nd Low | 0.000020650 |
| 3rd Low | 0.000020530 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Outside Up