Then a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.
The combination Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline down.
A bearish trend down to the next support line at 0.000012850 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000013200 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.294E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000013200 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014190 |
| 2nd High | 0.000013510 |
| Next High | 0.000013200 |
| Current Price | 0.000013040 |
| Next Low | 0.000012850 |
| 2nd Low | 0.000012840 |
| 3rd Low | 0.000012750 |
0.000013200 – 0.000013170 – 0.000013000 – 0.000012850 – 0.000012840 – 0.000012750 — 45.285861770837 – 41.260119660201
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –