SHIB/USDT – 1H – SELLThe combination Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.000020250 is considered certain.
Caution: A possible change in the direction of resistance at 0.000024620 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bearish Belt Hold’ candlestick chart pattern is discovered. The candles form ‘Bearish Belt Hold’. 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 Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000027960 |
| 2nd High | 0.000027490 |
| Next High | 0.000024620 |
| Current Price | 0.000021080 |
| Next Low | 0.000020250 |
| 2nd Low | |
| 3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bearish Belt Hold