The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.000026050 will persist.
Caution: A possible change in the direction of the support zone at 0.000024090 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bullish Engulfing’ chart pattern is found. The chart forms ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000026210 |
2nd High | 0.000026160 |
Next High | 0.000026050 |
Current Price | 0.000024580 |
Next Low | 0.000024090 |
2nd Low | 0.000023790 |
3rd Low | 0.000023260 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Engulfing