The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.000023450 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000023900 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘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 likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000027490 |
2nd High | 0.000024220 |
Next High | 0.000023900 |
Current Price | 0.000023490 |
Next Low | 0.000023450 |
2nd Low | 0.000020710 |
3rd Low | 0.000020650 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows