The combination Shiba Inu/Tether (SHIB/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 0.000014120 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000014920 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Matching Low’ chart pattern is found. The chart shows ‘Matching Low’. which is a positive 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