And also a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The currency pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline downwards
A descending movement downwards to the next support line at is certain.
Caution: A possible change in the direction of resistance at 0.000014000 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.
And also a ‘RSI fall below 30’ indicator layout is existing. The indicator is ‘RSI fall below 30’. which is often a bearish chart scenario. The pair is likely to go down.
And also a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. which is often a bearish chart scenario. The pair is likely to go down.
And also a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. 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 | 0.000014380 |
| 2nd High | 0.000014060 |
| Next High | 0.000014000 |
| Current Price | 0.000013340 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000014000 – 0.000013980 – 0.000014060 – 0.000013680 – 0.000012750 – 0.000012370 — 32.575148209234 – 31.033489270807
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –