SHIB/USDT – 1H – BUYThe combination Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline down.
A bearish trend downwards to the next support line at 0.000021030 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.000022030 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Shooting Star’ candlestick chart pattern is discovered. The chart forms ‘Shooting Star’. 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 ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000027490 |
| 2nd High | 0.000024620 |
| Next High | 0.000022030 |
| Current Price | 0.000021560 |
| Next Low | 0.000021030 |
| 2nd Low | 0.000020480 |
| 3rd Low | 0.000020250 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Shooting Star