Buy SHIB/USDT – 4H – BUY

The pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline down.

A bearish movement down to the next support line at 0.000020250 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000024620 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Two Crows’ candlestick pattern is found. The chart forms ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000033430
2nd High 0.000029790
Next High 0.000024620
Current Price 0.000021560
Next Low 0.000020250
2nd Low
3rd Low

Download SHIB/USDT Signal Image

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