The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.000020480 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000022030 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bearish Harami’ chart pattern is detected. The chart forms ‘Bearish Harami’. 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 Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024280 |
2nd High | 0.000024270 |
Next High | 0.000022030 |
Current Price | 0.000021070 |
Next Low | 0.000020480 |
2nd Low | 0.000020250 |
3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bearish Harami