SHIB/USDT – 1H – BUYThe pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline down.
A bearish movement downwards to the next support at 0.000021030 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 0.000022030 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Shooting Star’ chart pattern is found. The chart forms ‘Shooting Star’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000027490 |
| 2nd High | 0.000024620 |
| Next High | 0.000022030 |
| Current Price | 0.000021560 |
| Next Low | 0.000021030 |
| 2nd Low | 0.000020480 |
| 3rd Low | 0.000020250 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Shooting Star