SHIB/USDT – 4H – BUYThe pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support level at 0.000020250 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.000024620 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Two Crows’ chart pattern is found. The candles show ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000033430 |
| 2nd High | 0.000029790 |
| Next High | 0.000024620 |
| Current Price | 0.000021560 |
| Next Low | 0.000020250 |
| 2nd Low | |
| 3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Two Crows