SHIB/USDT – 30M – BUYThe pair Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.000014120 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000014920 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Matching Low’ candlestick chart pattern is existing. The candles form ‘Matching Low’. this is a bullish chart scenario. 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