Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2.088E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000027490 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000028330 |
2nd High | 0.000027960 |
Next High | 0.000027490 |
Current Price | 0.000022390 |
Next Low | 0.000021180 |
2nd Low | 0.000020950 |
3rd Low | 0.000020880 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows