The pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support line at 0.000020710 will persist.
Caution: A possible change in the direction of resistance at 0.000023060 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000023600 |
2nd High | 0.000023130 |
Next High | 0.000023060 |
Current Price | 0.000022710 |
Next Low | 0.000020710 |
2nd Low | 0.000020650 |
3rd Low | 0.000020530 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows