The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 0.000014120 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.000014920 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Matching Low’ candle pattern is discovered. The candles show ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000015360 |
2nd High | 0.000015140 |
Next High | 0.000014920 |
Current Price | 0.000014660 |
Next Low | 0.000014120 |
2nd Low | 0.000013880 |
3rd Low | 0.000012550 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Matching Low