SHIBUSDT
SHIB / TETHERUS
Binance
The chart for SHIB/USDT on the 4-hour timeframe appears to be forming a potential "Double Bottom" pattern, which is typically considered a bullish reversal pattern. This pattern is characterized by two distinct lows at approximately the same price level, indicating a level of support. The price action between the two lows often forms a peak, known as the "neckline."
- Entry:0.000014350(upon confirmed breakout)
Stop-Loss:0.00001250
Take-Profit:0.00001700
