SHIB/USDT – 1H – BUYThe pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline down.
The bearish trend down to the next support at 0.000021030 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000022030 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Shooting Star’ candlestick chart pattern is detected. The chart shows ‘Shooting Star’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ heading 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