The combination Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.000027600 is certain.
Caution: A possible change in the direction of resistance at 0.000028520 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000029790 |
2nd High | 0.000029420 |
Next High | 0.000028520 |
Current Price | 0.000028180 |
Next Low | 0.000027600 |
2nd Low | 0.000027440 |
3rd Low | 0.000024180 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows