SHIB/USDT – 30M – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline downwards
A descent downwards to the next support level at 0.000027440 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000029420 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black 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 ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000030780 |
| 2nd High | 0.000029790 |
| Next High | 0.000029420 |
| Current Price | 0.000028040 |
| Next Low | 0.000027440 |
| 2nd Low | 0.000024180 |
| 3rd Low | 0.000023550 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows