Next a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The combination Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline down.
A bearish movement downwards to the next support at is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.000012620 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.
Next a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish signal. The 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 | 0.000013510 |
| 2nd High | 0.000013140 |
| Next High | 0.000012620 |
| Current Price | 0.000012520 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012620 – 0.000012420 – 0.000013140 – 0.000012420 – 0.000012100 – 0.000012070 — 56.464365222463 – 54.282009061896
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –