Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline down.
A bearish trend down to the next support line at 0.000012990 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000013390 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014380 |
| 2nd High | 0.000014190 |
| Next High | 0.000013390 |
| Current Price | 0.000013000 |
| Next Low | 0.000012990 |
| 2nd Low | 0.000012900 |
| 3rd Low | 0.000012830 |
0.000013390 – 0.000013200 – 0.000013040 – 0.000012990 – 0.000013090 – 0.000012900 — 41.796835929896 – 40.277682101825
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –