The pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support level at 0.000021280 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.000022450 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The 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 | 0.000023600 |
2nd High | 0.000023130 |
Next High | 0.000022450 |
Current Price | 0.000022060 |
Next Low | 0.000021280 |
2nd Low | 0.000021180 |
3rd Low | 0.000020950 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows