Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 2.425E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.000025270 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. this 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 | 0.000026050 |
2nd High | 0.000025470 |
Next High | 0.000025270 |
Current Price | 0.000024820 |
Next Low | 0.000024290 |
2nd Low | 0.000023030 |
3rd Low | 0.000022590 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows