SHIB/USDT – 30M – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support at 0.000011260 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000011630 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 –