SHIB/USDT – 30M – BUYThe combination Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.000014120 will continue.
Caution: A possible change in the direction of the resistance level at 0.000014920 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Matching Low’ candle pattern is found. The chart forms ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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