The combination Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support at 0.000020250 is considered certain.
Caution: A possible change in the direction of resistance at 0.000024620 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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