SHIB/USDT – 1H – SELLThe pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support line at 0.000028720 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.000030790 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Evening Star’ candlestick pattern is discovered. The candles show ‘Evening Star’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Evening Star’ heading down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000030950 |
| Next High | 0.000030790 |
| Current Price | 0.000031360 |
| Next Low | 0.000028720 |
| 2nd Low | 0.000025560 |
| 3rd Low | 0.000024870 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Evening Star