And also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline downwards
A descending movement downwards to the next support level at is considered certain.
Caution: A possible change in the direction of resistance at 0.000013920 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.
And also a ‘Three Black Crows’ candlestick 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 probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014060 |
| 2nd High | 0.000014000 |
| Next High | 0.000013920 |
| Current Price | 0.000013470 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000013920 – 0.000013700 – 0.000014000 – 0.000013410 – 0.000013260 – 0.000013290 — 38.168563314368 – 37.029493902454
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –