SHIB/USDT – 4H – SELLThe combination Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 0.000012330 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000013620 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
There is also a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish 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 | 0.000016000 |
| 2nd High | 0.000014700 |
| Next High | 0.000013620 |
| Current Price | 0.000011720 |
| Next Low | 0.000012330 |
| 2nd Low | 0.000011890 |
| 3rd Low | 0.000010490 |
0.000013620 – 0.000012890 – 0.000013440 – 0.000012330 – 0.000011890 – 0.000012250
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Three Black Crows