SHIB/USDT – 30M – SELLThe pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support level at 0.000011420 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000011990 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Then a ‘Two Crows’ candle chart pattern is found. The candles form ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000012330 |
| Next High | 0.000011990 |
| Current Price | 0.000011430 |
| Next Low | 0.000011420 |
| 2nd Low | 0.000011050 |
| 3rd Low | 0.000010040 |
0.000011990 – 0.000011680 – 0.000011630 – 0.000011420 – 0.000011450 – 0.000011490
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Two Crows –