SHIB/USDT – 1H – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline downwards
A bearish movement down to the next support at 0.000024280 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000026490 is within the realm of possibility.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000030460 |
| 2nd High | 0.000028180 |
| Next High | 0.000026490 |
| Current Price | 0.000024270 |
| Next Low | 0.000024280 |
| 2nd Low | 0.000024250 |
| 3rd Low | 0.000023030 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows