SHIB/USDT – 30M – SELLThe pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline down.
A descent down to the next support level at 0.000023420 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.000023900 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Outside Down’ candle pattern is detected. The candles form ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000027490 |
| 2nd High | 0.000024220 |
| Next High | 0.000023900 |
| Current Price | 0.000023760 |
| Next Low | 0.000023420 |
| 2nd Low | 0.000020710 |
| 3rd Low | 0.000020650 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Outside Down