The combination Shiba Inu/Tether (SHIB/USDT) jumps from the bearish trendline down.
A continuation of the downward movement down to the next support at 0.000021450 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.000027490 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000028330 |
2nd High | 0.000027960 |
Next High | 0.000027490 |
Current Price | 0.000021760 |
Next Low | 0.000021450 |
2nd Low | 0.000018840 |
3rd Low | 0.000018400 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows