The combination Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline down.
The bearish trend down to the next support line at 0.000014060 will continue.
Caution: A possible change in the direction of resistance at 0.000014840 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015670 |
| 2nd High | 0.000015520 |
| Next High | 0.000014840 |
| Current Price | 0.000014110 |
| Next Low | 0.000014060 |
| 2nd Low | 0.000013190 |
| 3rd Low | 0.000012890 |
0.000014840 – 0.000013430 – 0.000013200 – 0.000014060 – 0.000013190 – 0.000012890 — 47.312202968685 – 43.151813150399
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –