Sell SHIB/USDT – 30M – SELL

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

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