SHIB/USDT – 1H – BUYThe combination Shiba Inu/Tether (SHIB/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 0.000020250 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000024620 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bullish Meeting Lines’ chart pattern is found. The chart shows ‘Bullish Meeting Lines’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Meeting Lines’ heading up is 56% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000027960 |
| 2nd High | 0.000027490 |
| Next High | 0.000024620 |
| Current Price | 0.000021330 |
| Next Low | 0.000020250 |
| 2nd Low | |
| 3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Bullish Meeting Lines