The pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline down.
A bearish movement down to the next support line at 0.000020250 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000024620 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Two Crows’ candlestick pattern is found. The chart forms ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000033430 |
2nd High | 0.000029790 |
Next High | 0.000024620 |
Current Price | 0.000021560 |
Next Low | 0.000020250 |
2nd Low | |
3rd Low |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Two Crows