SHIB/USDT – 30M – SELLThe pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline down.
A bearish trend downwards to the next support at 0.000011260 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000011630 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading 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 – Double top retreat up