Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2.6363E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000029790 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency 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 | |
2nd High | 0.000033430 |
Next High | 0.000029790 |
Current Price | 0.000028390 |
Next Low | 0.000027440 |
2nd Low | 0.000024180 |
3rd Low | 0.000023320 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows