SHIB/USDT – 30M – SELLThe combination Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline downwards
A descent down to the next support line at 0.000013400 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000014060 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
Moreover a ‘Matching Low’ candlestick chart pattern is discovered. The candles show ‘Matching Low’. which 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 chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015520 |
| 2nd High | 0.000014380 |
| Next High | 0.000014060 |
| Current Price | 0.000013870 |
| Next Low | 0.000013400 |
| 2nd Low | 0.000012710 |
| 3rd Low | 0.000012370 |
0.000013750 – 0.000013170 – 0.000013420 – 0.000013400 – 0.000012710 – 0.000012820 — 60.031631404078 – 59.317057059565
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Matching Low – Triple bottom chart pattern – –