The pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline downwards
A bearish descent down to the next support at 0.000027600 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000028840 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. 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 | 0.000029790 |
2nd High | 0.000029420 |
Next High | 0.000028840 |
Current Price | 0.000028270 |
Next Low | 0.000027600 |
2nd Low | 0.000027440 |
3rd Low | 0.000024180 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows