SHIB/USDT – 30M – SELLThe pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline down.
A bearish movement down to the next support at 0.000011260 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.000011630 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012330 |
| 2nd High | 0.000011990 |
| Next High | 0.000011630 |
| Current Price | 0.000011330 |
| Next Low | 0.000011260 |
| 2nd Low | 0.000011050 |
| 3rd Low | 0.000010040 |
0.000011630 – 0.000011990 – 0.000011680 – 0.000011260 – 0.000011420 – 0.000011450
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Three Black Crows –