SHIB/USDT – 30M – SELLThe pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.000024870 will persist.
Caution: A possible change in the direction of resistance at 0.000025520 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bearish Engulfing’ candlestick chart pattern is existing. The candles show ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to fall. 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 | 0.000028180 |
| 2nd High | 0.000026520 |
| Next High | 0.000025520 |
| Current Price | 0.000025810 |
| Next Low | 0.000024870 |
| 2nd Low | 0.000024480 |
| 3rd Low | 0.000023550 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bearish Engulfing