The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.000013940 is expected.
Caution: A possible change in the direction of the resistance zone at 0.000014170 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
Next a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015520 |
| 2nd High | 0.000014230 |
| Next High | 0.000014170 |
| Current Price | 0.000014000 |
| Next Low | 0.000013940 |
| 2nd Low | 0.000013930 |
| 3rd Low | 0.000013240 |
0.000014170 – 0.000014230 – 0.000014110 – 0.000013940 – 0.000013930 – 0.000013970 — 46.472106088447 – 41.751168932588
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –