SHIB/USDT – 30M – SELLThe combination Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support line at 0.000021280 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.000022450 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Engulfing’ candlestick pattern is detected. The candles form ‘Bearish Engulfing’. this is a bearish chart scenario. 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 | 0.000023600 |
| 2nd High | 0.000023130 |
| Next High | 0.000022450 |
| Current Price | 0.000021600 |
| Next Low | 0.000021280 |
| 2nd Low | 0.000021180 |
| 3rd Low | 0.000020950 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bearish Engulfing