The combination Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support level at 0.000011260 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000011630 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘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 | 0.000012330 |
| 2nd High | 0.000011990 |
| Next High | 0.000011630 |
| Current Price | 0.000011330 |
| Next Low | 0.000011260 |
| 2nd Low | 0.000011050 |
| 3rd Low | 0.000010040 |
0.000011630 – 0.000011990 – 0.000011680 – 0.000011260 – 0.000011420 – 0.000011450
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Three Black Crows –