SHIB/USDT – 30M – SELLThe combination Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.000013930 is expected.
Caution: A possible change in the direction of the resistance level at 0.000014170 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Additionally a ‘Two Crows’ chart pattern is discovered. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015520 |
| 2nd High | 0.000014230 |
| Next High | 0.000014170 |
| Current Price | 0.000014050 |
| Next Low | 0.000013930 |
| 2nd Low | 0.000013240 |
| 3rd Low | 0.000013200 |
0.000014170 – 0.000014230 – 0.000014110 – 0.000013930 – 0.000013970 – 0.000013240 — 53.215642935616 – 50.991884032778
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Two Crows – Rising Wedge Chart Pattern –