Buy SHIB/USDT – 4H – BUY

The combination Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline down.

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

Caution: A possible change in the direction of resistance at 0.000024620 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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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