The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline downwards
A descent downwards to the next support line at 0.000024250 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.000028130 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency 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’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.000030460 |
Next High | 0.000028130 |
Current Price | 0.000025780 |
Next Low | 0.000024250 |
2nd Low | 0.000023030 |
3rd Low | 0.000022590 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows