SHIB/USDT – 30M – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support level at 0.000011260 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000011630 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 –