Buy SHIB/USDT – 30M – BUY

The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline down.

A continuation of the bearish trend downwards to the next support at 0.000014120 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.000014920 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Matching Low’ candlestick chart pattern is detected. The candles show ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading 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

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