SHIB/USDT – 1H – BUYThe pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline down.
The bearish trend downwards to the next support line at 0.000020530 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.000021890 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Matching Low’ candle pattern is discovered. The candles form ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024080 |
| 2nd High | 0.000022450 |
| Next High | 0.000021890 |
| Current Price | 0.000020840 |
| Next Low | 0.000020530 |
| 2nd Low | |
| 3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Matching Low