SHIB/USDT – 30M – SELLThe pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline downwards
The bearish trend downwards to the next support line at 0.000022590 will continue.
Caution: A possible change in the direction of resistance at 0.000026780 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative chart scenario. 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 | |
| 2nd High | 0.000030460 |
| Next High | 0.000026780 |
| Current Price | 0.000023280 |
| Next Low | 0.000022590 |
| 2nd Low | 0.000018840 |
| 3rd Low | 0.000018400 |