SHIB/USDT – 30M – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 0.000029420 is expected.
Caution: A possible change in the direction of the support zone at 0.000027440 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bullish Engulfing’ chart pattern is discovered. The candles form ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000030780 |
| 2nd High | 0.000029790 |
| Next High | 0.000029420 |
| Current Price | 0.000028290 |
| Next Low | 0.000027440 |
| 2nd Low | 0.000024180 |
| 3rd Low | 0.000023550 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Engulfing