Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.238028E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000012680 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Below The Stomach’ candle chart pattern is found. The chart shows ‘Below The Stomach’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Below The Stomach’ heading down is 60% (Bull Market) & 65% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000013390 |
2nd High | 0.000012970 |
Next High | 0.000012680 |
Current Price | 0.000012110 |
Next Low | 0.000012040 |
2nd Low | 0.000011410 |
3rd Low | 0.000010760 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Below The Stomach