SHIB/USDT – 30M – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support at 0.000013580 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000014030 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ candle pattern is found. The chart forms ‘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 success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014380 |
| 2nd High | 0.000014060 |
| Next High | 0.000014030 |
| Current Price | 0.000014100 |
| Next Low | 0.000013580 |
| 2nd Low | 0.000013400 |
| 3rd Low | 0.000012710 |
0.000014030 – 0.000013750 – 0.000013170 – 0.000013580 – 0.000013400 – 0.000012710 — 62.091722667033 – 60.528076002829
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –