The combination Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support line at 0.000012040 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.000012660 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a negative 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013390 |
| 2nd High | 0.000012860 |
| Next High | 0.000012660 |
| Current Price | 0.000012190 |
| Next Low | 0.000012040 |
| 2nd Low | 0.000011880 |
| 3rd Low | 0.000011850 |
0.000012660 – 0.000012860 – 0.000013390 – 0.000012320 – 0.000012440 – 0.000012990 — 30.332310006053 – 29.04117267674
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –