SHIB/USDT – 1H – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 0.000022030 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000020480 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Tweezers Bottom’ candle pattern is found. The candles show ‘Tweezers Bottom’. this 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 ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000027490 |
| 2nd High | 0.000024620 |
| Next High | 0.000022030 |
| Current Price | 0.000021790 |
| Next Low | 0.000020480 |
| 2nd Low | 0.000020250 |
| 3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Tweezers Bottom