And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The combination Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline down.
A bearish trend down to the next support line at 0.000012970 is certain.
Caution: A possible change in the direction of resistance at 0.000014380 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘RSI fall below 30’ indicator layout is existing. The indicator is ‘RSI fall below 30’. which is often a bearish signal. The currency pair could go down.
And also a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. 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 | 0.000016000 |
| 2nd High | 0.000015970 |
| Next High | 0.000014380 |
| Current Price | 0.000012880 |
| Next Low | 0.000012970 |
| 2nd Low | 0.000012750 |
| 3rd Low | 0.000011210 |
0.000014380 – 0.000015970 – 0.000015780 – 0.000012970 – 0.000012750 – 0.000011210 — 34.43639019311 – 32.459273361474
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern –