SHIB/USDT – 30M – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 0.000013700 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.000011920 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Bullish Engulfing’ candle pattern is discovered. The chart shows ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015240 |
| 2nd High | 0.000013920 |
| Next High | 0.000013700 |
| Current Price | 0.000013410 |
| Next Low | 0.000011920 |
| 2nd Low | 0.000011410 |
| 3rd Low | 0.000010760 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Engulfing