SHIB/USDT – 30M – SELL

The pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline down.

A bearish trend down to the next support line at 0.000024250 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.000025770 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Bearish Engulfing’ candlestick pattern is existing. The candles show ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bearish Engulfing