SHIB/USDT – 30M – SELLThe pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline down.
A descending movement downwards to the next support at 0.000013190 will persist.
Caution: A possible change in the direction of resistance at 0.000014150 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Matching Low’ candle pattern is found. The chart forms ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014840 |
| 2nd High | 0.000014350 |
| Next High | 0.000014150 |
| Current Price | 0.000013590 |
| Next Low | 0.000013190 |
| 2nd Low | 0.000012890 |
| 3rd Low | 0.000012850 |
0.000014150 – 0.000014350 – 0.000014840 – 0.000013860 – 0.000014060 – 0.000013190 — 29.064425503433 – 28.670939125633
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Matching Low – – –