SHIB/USDT – 1H – SELLThe pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline down.
A bearish trend downwards to the next support line at 0.000020650 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000024620 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bearish Harami’ candle pattern is existing. The chart forms ‘Bearish Harami’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000027960 |
| 2nd High | 0.000027490 |
| Next High | 0.000024620 |
| Current Price | 0.000021080 |
| Next Low | 0.000020650 |
| 2nd Low | 0.000020530 |
| 3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bearish Harami