SHIB/USDT – 30M – SELLThe pair Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.000012090 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000012480 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. which 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012730 |
| 2nd High | 0.000012610 |
| Next High | 0.000012480 |
| Current Price | 0.000012340 |
| Next Low | 0.000012090 |
| 2nd Low | 0.000011810 |
| 3rd Low | 0.000011450 |
0.000012480 – 0.000012460 – 0.000012610 – 0.000012090 – 0.000011810 – 0.000011920 — 48.968079516514 – 46.780905670475
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Two Crows – – –