The pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.000012860 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.000013260 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. 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 | 0.000013830 |
| 2nd High | 0.000013810 |
| Next High | 0.000013260 |
| Current Price | 0.000012980 |
| Next Low | 0.000012860 |
| 2nd Low | 0.000012850 |
| 3rd Low | 0.000012840 |
0.000013260 – 0.000013170 – 0.000013810 – 0.000012860 – 0.000012890 – 0.000012920 — 32.35367207012 – 31.516803312959
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – – –