SHIB/USDT – 1H – BUYThe combination Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.000025470 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.000023030 could occur.
Consider stop-loss settings accordingly.
And also a ‘Bullish Engulfing’ candle pattern is discovered. The chart shows ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000026210 |
| 2nd High | 0.000026160 |
| Next High | 0.000025470 |
| Current Price | 0.000025010 |
| Next Low | 0.000023030 |
| 2nd Low | 0.000022590 |
| 3rd Low | 0.000018840 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Engulfing