SHIB/USDT – 30M – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.000012920 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000013810 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Two Crows’ chart pattern is existing. The chart shows ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014150 |
| 2nd High | 0.000013830 |
| Next High | 0.000013810 |
| Current Price | 0.000013040 |
| Next Low | 0.000012920 |
| 2nd Low | 0.000012890 |
| 3rd Low | 0.000012850 |
0.000013810 – 0.000013830 – 0.000014150 – 0.000012920 – 0.000013580 – 0.000013530 — 46.491662886355 – 44.409491131128
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Two Crows – – –