Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 2.336468E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000024850 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000026780 |
2nd High | 0.000026210 |
Next High | 0.000024850 |
Current Price | 0.000023620 |
Next Low | 0.000023080 |
2nd Low | 0.000022590 |
3rd Low | 0.000018840 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows