SHIB/USDT – 30M – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline down.
A bearish descent down to the next support at 0.000020710 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.000024220 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Outside Down’ candle pattern is discovered. The chart shows ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000027960 |
| 2nd High | 0.000027490 |
| Next High | 0.000024220 |
| Current Price | 0.000023610 |
| Next Low | 0.000020710 |
| 2nd Low | 0.000020650 |
| 3rd Low | 0.000020530 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Outside Down