The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline down.
A bearish descent down to the next support at 0.000023710 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000024280 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Matching Low’ candle pattern is discovered. The candles form ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000027960 |
2nd High | 0.000027490 |
Next High | 0.000024280 |
Current Price | 0.000024230 |
Next Low | 0.000023710 |
2nd Low | 0.000023420 |
3rd Low | 0.000020710 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Matching Low