Buy SHIB/USDT – 30M – BUY

The pair Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline downwards

A continuation of the downtrend down to the next support at 0.000021030 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000021900 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Three Outside Down’ candlestick chart pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000024270
2nd High 0.000022030
Next High 0.000021900
Current Price 0.000021560
Next Low 0.000021030
2nd Low 0.000020760
3rd Low 0.000020480

Download SHIB/USDT Signal Image

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