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
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Southern Doji