The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline downwards
A descent downwards to the next support level at 0.000023320 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.000025430 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000028180 |
2nd High | 0.000026490 |
Next High | 0.000025430 |
Current Price | 0.000023780 |
Next Low | 0.000023320 |
2nd Low | 0.000023030 |
3rd Low | 0.000022590 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows