The pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.0E-5 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.
There is also a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 2.0E-5 |
| Next High | 1.0E-5 |
| Current Price | 0.000007220 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 —
0.000007320 – 0.000007370 —
52.888536643129 – 53.67865257765 —
– —
0.00001 – 1769630400
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – – –