SHIB/USDT – 1H – SELLThe pair Shiba Inu/Tether (SHIB/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support at 0.000026840 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.000028840 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. 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 | 0.000033430 |
| 2nd High | 0.000029790 |
| Next High | 0.000028840 |
| Current Price | 0.000027540 |
| Next Low | 0.000026840 |
| 2nd Low | 0.000026830 |
| 3rd Low | 0.000024180 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows