The pair Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline upwards
A bullish ascent up to the next resistance level at 0.000013540 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.000012790 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bullish Engulfing’ candle pattern is found. The chart shows ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000013930 |
2nd High | 0.000013780 |
Next High | 0.000013540 |
Current Price | 0.000013270 |
Next Low | 0.000012790 |
2nd Low | 0.000011920 |
3rd Low | 0.000011410 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Engulfing