The pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 0.000021030 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.000021900 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000024270 |
2nd High | 0.000022030 |
Next High | 0.000021900 |
Current Price | 0.000021480 |
Next Low | 0.000021030 |
2nd Low | 0.000020760 |
3rd Low | 0.000020480 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows