SHIB/USDT – 1H – SELLThe combination Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline down.
A bearish trend downwards to the next support line at 0.000023790 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.000026160 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Bearish Engulfing’ candle pattern is discovered. The chart shows ‘Bearish Engulfing’. this is a bearish 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000030460 |
| 2nd High | 0.000026210 |
| Next High | 0.000026160 |
| Current Price | 0.000023680 |
| Next Low | 0.000023790 |
| 2nd Low | 0.000023260 |
| 3rd Low | 0.000022590 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bearish Engulfing