Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 2.13678E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.000022450 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bearish Harami’ candle pattern is existing. The candles show ‘Bearish Harami’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000027490 |
2nd High | 0.000024080 |
Next High | 0.000022450 |
Current Price | 0.000022110 |
Next Low | 0.000020650 |
2nd Low | 0.000020530 |
3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bearish Harami