Sell SHIB/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 2.13678E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.000022450 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Bearish Harami’ candle pattern is existing. The candles show ‘Bearish Harami’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000027490
2nd High 0.000024080
Next High 0.000022450
Current Price 0.000022110
Next Low 0.000020650
2nd Low 0.000020530
3rd Low

Download SHIB/USDT Signal Image

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