SHIB/USDT – 30M – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.000012750 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000013830 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014700 |
| 2nd High | 0.000014160 |
| Next High | 0.000013830 |
| Current Price | 0.000013540 |
| Next Low | 0.000012750 |
| 2nd Low | 0.000011450 |
| 3rd Low | 0.000011370 |
0.000013830 – 0.000014160 – 0.000013500 – 0.000012750 – 0.000013080 – 0.000013090
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Three Black Crows –