SHIB/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 1.524E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000015240 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Bullish Belt Hold’ candle chart pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000015240 |
| Current Price | 0.000014280 |
| Next Low | 0.000011920 |
| 2nd Low | 0.000011410 |
| 3rd Low | 0.000010490 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Belt Hold