The pair Shiba Inu/Tether (SHIB/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support level at will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000021900 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ chart pattern is detected. 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 likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024270 |
2nd High | 0.000022030 |
Next High | 0.000021900 |
Current Price | 0.000019990 |
Next Low | |
2nd Low | |
3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows