The currency pair Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline upwards

A bullish movement up to the next resistance at 0.000024560 is likely expected.

Caution: A possible reversal of the trend in the direction of the support zone at 0.000022590 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Bullish Engulfing’ candlestick chart pattern is detected. The candles show ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT

The combination Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline down.

A continuation of the downward movement down to the next support at 0.000016190 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.000030460 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2.700732E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000030460 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT

The pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline downwards

The bearish trend downwards to the next support line at 0.000022590 will continue.

Caution: A possible change in the direction of resistance at 0.000026780 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT

The pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 0.000022590 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000026780 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT

The combination Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline downwards

A continuation of the downtrend down to the next support at 0.000022590 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000026780 is also possible.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2.259E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.000026780 is also possible.
Consider stop-loss settings accordingly.

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT