SHIB/USDT – 30M – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline downwards
A bearish descent down to the next support at 0.000025560 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.000026360 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bearish Engulfing’ candle pattern is detected. The candles form ‘Bearish Engulfing’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000028180 |
| 2nd High | 0.000026520 |
| Next High | 0.000026360 |
| Current Price | 0.000028850 |
| Next Low | 0.000025560 |
| 2nd Low | 0.000024870 |
| 3rd Low | 0.000024480 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bearish Engulfing