The combination Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline downwards
A bearish descent down to the next support line at 0.000020530 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000021710 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bullish Engulfing’ candlestick chart pattern is existing. The candles show ‘Bullish Engulfing’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000022450 |
2nd High | 0.000021890 |
Next High | 0.000021710 |
Current Price | 0.000020840 |
Next Low | 0.000020530 |
2nd Low | |
3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Engulfing