SHIB/USDT – 30M – BUYThe 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
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Matching Low