The currency pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support line at 0.000029480 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000030780 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The 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 | 0.000032560 |
2nd High | 0.000032350 |
Next High | 0.000030780 |
Current Price | 0.000028750 |
Next Low | 0.000029480 |
2nd Low | 0.000028720 |
3rd Low | 0.000026590 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows