SHIB/USDT – 30M – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.000013920 will persist.
Caution: A possible change in the direction of the support level at 0.000013400 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Bullish Engulfing’ candlestick chart pattern is existing. The candles show ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014060 |
| 2nd High | 0.000014000 |
| Next High | 0.000013920 |
| Current Price | 0.000013890 |
| Next Low | 0.000013400 |
| 2nd Low | 0.000012710 |
| 3rd Low | 0.000012370 |
0.000013750 – 0.000013170 – 0.000013420 – 0.000013400 – 0.000012710 – 0.000012820 — 59.22637262191 – 60.244964903923
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Engulfing – Triple bottom chart pattern – –