Buy SHIB/USDT – 1H – BUY

The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance line at 0.000024220 will persist.

Caution: A possible change in the direction of support at 0.000023420 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Outside Up’ chart pattern is detected. The chart shows ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000027960
2nd High 0.000027490
Next High 0.000024220
Current Price 0.000024300
Next Low 0.000023420
2nd Low 0.000020650
3rd Low 0.000020530

Download SHIB/USDT Signal Image

Trading Signals:

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