SHIB/USDT – 1H – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at 0.000012150 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000012480 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Matching Low’ candle pattern is existing. The chart shows ‘Matching Low’. this is a bullish signal. 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 | 0.000012610 |
| 2nd High | 0.000012570 |
| Next High | 0.000012480 |
| Current Price | 0.000012360 |
| Next Low | 0.000012150 |
| 2nd Low | 0.000012000 |
| 3rd Low | 0.000011810 |
0.000012480 – 0.000012570 – 0.000012480 – 0.000012150 – 0.000012000 – 0.000012290 — 57.02104964815 – 57.02104964815
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Matching Low – – –