SHIB/USDT – 1H – SELLThe combination Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline down.
A bearish movement downwards to the next support line at 0.000013050 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000013870 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. 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 | 0.000016000 |
| 2nd High | 0.000014700 |
| Next High | 0.000013870 |
| Current Price | 0.000012920 |
| Next Low | 0.000013050 |
| 2nd Low | 0.000011450 |
| 3rd Low | 0.000011340 |
0.000013870 – 0.000011970 – 0.000011590 – 0.000013050 – 0.000011450 – 0.000011340
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern