SHIB/USDT – 1H – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.000024210 will continue.
Caution: A possible change in the direction of the resistance line at 0.000025840 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative pattern 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 | 0.000030460 |
| 2nd High | 0.000026210 |
| Next High | 0.000025840 |
| Current Price | 0.000024370 |
| Next Low | 0.000024210 |
| 2nd Low | 0.000023260 |
| 3rd Low | 0.000022590 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows