SHIB/USDT – 30M – SELLThe pair Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support line at 0.000022710 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000024080 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative signal. The 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 | 0.000027960 |
| 2nd High | 0.000027490 |
| Next High | 0.000024080 |
| Current Price | 0.000023040 |
| Next Low | 0.000022710 |
| 2nd Low | 0.000022020 |
| 3rd Low | 0.000021920 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows