SHIB/USDT – 4H – SELLThe combination Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at 0.000012000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000014840 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Two Crows’ candlestick pattern is existing. The chart forms ‘Two Crows’. which is a negative 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’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000015970 |
| Next High | 0.000014840 |
| Current Price | 0.000012960 |
| Next Low | 0.000012000 |
| 2nd Low | 0.000011810 |
| 3rd Low |
0.000014840 – 0.000013200 – 0.000012570 – 0.000012000 – 0.000011810 – 0.000011980 — 39.89603013958 – 38.037986969936
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –