SHIB/USDT – 30M – SELLThe combination Shiba Inu/Tether (SHIB/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.000012370 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000012620 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013140 |
| 2nd High | 0.000012650 |
| Next High | 0.000012620 |
| Current Price | 0.000012550 |
| Next Low | 0.000012370 |
| 2nd Low | 0.000012100 |
| 3rd Low | 0.000012070 |
0.000012620 – 0.000012650 – 0.000012620 – 0.000012370 – 0.000012390 – 0.000012420 — 47.752194913294 – 46.571232341785
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Double bottom retreat down – –