The pair Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.000023030 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000030460 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. 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 | |
Next High | 0.000030460 |
Current Price | 0.000024890 |
Next Low | 0.000023030 |
2nd Low | 0.000022590 |
3rd Low | 0.000016190 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows