Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 0.000013680 is certain.
Caution: A possible change in the direction of resistance at 0.000013980 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘RSI fall below 70’ indicator signal is discovered. The indicator is ‘RSI fall below 70’. this is usually a bearish chart signal. The currency pair is likely to fall.
Then a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair is likely to fall.
Then a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. 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 | 0.000014380 |
| 2nd High | 0.000014060 |
| Next High | 0.000013980 |
| Current Price | 0.000013780 |
| Next Low | 0.000013680 |
| 2nd Low | 0.000012750 |
| 3rd Low | 0.000012370 |
0.000013980 – 0.000014060 – 0.000013330 – 0.000013680 – 0.000012750 – 0.000012370 — 49.786385987228 – 47.244505227986
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –