SHIB/USDT – 1H – SELL

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Bearish Engulfing’ candle pattern is detected. The candles form ‘Bearish Engulfing’. 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 chance of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High
2nd High 2.0E-5
Next High 1.0E-5
Current Price 0.000004140
Next Low
2nd Low
3rd Low

1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 —
0.000004140 – 0.000004180 —
47.614235936054 – 52.038975750762 —
– —
1.0E-5 – 1781712000

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