The pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.000024870 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.000026360 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000028180 |
2nd High | 0.000026520 |
Next High | 0.000026360 |
Current Price | 0.000025710 |
Next Low | 0.000024870 |
2nd Low | 0.000023320 |
3rd Low | 0.000023030 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows