Buy SHIB/USDT – 1H – BUY

The pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline down.

A bearish movement downwards to the next support line at 0.000020650 is expected.

Caution: A possible change in the direction of the resistance line at 0.000024080 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Southern Doji’ chart pattern is existing. The candles form ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000027960
2nd High 0.000027490
Next High 0.000024080
Current Price 0.000022710
Next Low 0.000020650
2nd Low 0.000020530
3rd Low

Download SHIB/USDT Signal Image

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