SHIB/USDT – 1H – SELLThe combination Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline downwards
A descent down to the next support level at 0.000013080 will continue.
Caution: A possible change in the direction of resistance at 0.000014160 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Matching Low’ candlestick pattern is detected. The chart forms ‘Matching Low’. which is a bullish signal. The pair is likely to go up. 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 | 0.000016000 |
| 2nd High | 0.000014700 |
| Next High | 0.000014160 |
| Current Price | 0.000013270 |
| Next Low | 0.000013080 |
| 2nd Low | 0.000012820 |
| 3rd Low | 0.000011450 |
0.000014160 – 0.000013540 – 0.000013870 – 0.000013080 – 0.000013090 – 0.000012820
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Matching Low –