SHIB/USDT – 30M – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline down.
The bearish trend down to the next support at 0.000011260 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000011630 could occur.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012330 |
| 2nd High | 0.000011990 |
| Next High | 0.000011630 |
| Current Price | 0.000011330 |
| Next Low | 0.000011260 |
| 2nd Low | 0.000011050 |
| 3rd Low | 0.000010040 |
0.000011630 – 0.000011990 – 0.000011680 – 0.000011260 – 0.000011420 – 0.000011450
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Three Black Crows –