SHIB/USDT – 30M – BUYThe pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline downwards
A descending movement down to the next support at will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000021870 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Bullish Engulfing’ candlestick chart pattern is found. The candles show ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000023130 |
| 2nd High | 0.000022450 |
| Next High | 0.000021870 |
| Current Price | 0.000020710 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Engulfing