SHIB/USDT – 30M – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline down.
The bearish trend down to the next support line at will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000021870 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bearish Belt Hold’ chart pattern is discovered. The candles form ‘Bearish Belt Hold’. 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 success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000023130 |
| 2nd High | 0.000022450 |
| Next High | 0.000021870 |
| Current Price | 0.000020820 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bearish Belt Hold