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How far can decline of $SHIB continue?
The market has turned to red again, according to CoinStats.
Top coins by #CoinStats
SHIB/USD
The price of has fallen by 5.21% over the last day.
Image by TradingView
On the hourly chart, the rate of SHIB is going up after a false breakout of the local resistance of $0.00001235. If bulls can hold the gained initiative, there is a chance of a test of the resistance by tomorrow.
Image by #tradingview
On the bigger time frame, the price of the meme coin has made a false breakout of the formed support of $0.00001230.
If the candle closes far from that mark, traders may witness local growth to the $0.000013 zone.
Image by TradingView
From the midterm point of view, sellers remain more powerful than bulls. If the weekly bar closes below the interim level of $0.000012, one may expect a test of the support soon.
SHIB is trading at $0.00001265 at press time.
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Cardano hit fresh milestones in week
Cryptocurrencies began the weekend in the red, with Cardano ($ADA ), the 10th-largest #cryptocurrency by market capitalization, marking significant losses.
At the time of writing, #ADA was down 4.08% in the last 24 hours to $0.677 following an earlier drop to $0.666, with intraday lows of $0.6567.
ADA/USD Daily Chart, Courtesy:
Cardano has declined since May 26 and will mark the fifth day of losses if today closes in the red. The drop caused ADA to drop below the 50-day SMA at $0.714, a key level that will determine whether ADA will extend its consolidation or fall further.
If the ADA price remains below the 50-day SMA, it indicates that the bulls may be racing to the exit. ADA might fall to $0.60, where buyers are likely to come in. A bounce off $0.60 could indicate potential range trading in the short term.
To show strength, bulls might need to push and sustain the ADA price over $0.74. ADA could rise to the overhead resistance of $0.826, which coincides with the 200-day SMA and is a crucial level to monitor. A break and close over $0.826 and then $0.86 could send ADA to $1.01.
#Cardano hits fresh milestones
Cardano has reached a significant milestone, now supporting a total of 2,002 projects building on its network. Bitcoin Ordinals have been bridged to Cardano for the first time using BitVMX, marking a new interoperability milestone.
According to the most recent development report by Input Output, the number of delegated wallets held steady at 1.33 million, reflecting a slight weekly increase of 0.02% and indicating continued user engagement.
On the asset side, 10.81 million native tokens have been issued through 215,713 token policies. Development activity is increasing, with 134,286 Plutus scripts and 6,817 Aiken scripts deployed. Governance engagement has also increased, with 1,331 delegated representatives (DReps), including 963 active DReps, a 1.14% rise from the previous week. Developer contributions remain significant, with 305 GitHub commits, representing a 23.73% increase in weekly activity.
Buy and Trade $ADA here
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Recognize these candlestick patterns to spot reversals, avoid fakeouts, and ride trends early. Whether you're scalping, day trading, or swing trading — these are MUST-KNOW signals.

🟢 Bullish Reversal Patterns (Bottom Signals)

These patterns signal the end of a downtrend and the start of an uptrend:

1️⃣ Bullish Engulfing – Green candle engulfs red one → strong buyer control
2️⃣ Bullish Tweezers – Two similar lows → key support confirmed
3️⃣ Morning Star – Red ➡️ indecision ➡️ strong green → buyers take over
4️⃣ Hammer – Small body, long lower wick → buyers rejected the sell-off
5️⃣ Inverted Hammer – Long upper wick → possible reversal (confirm with next green)
6️⃣ Three Inside Up – Red candle, then two greens → reversal confirmed
7️⃣ Three White Soldiers – 3 strong green candles in a row → powerful uptrend

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🔴 Bearish Reversal Patterns (Top Signals)

These patterns signal the end of an uptrend and the start of a downtrend:

8️⃣ Bearish Engulfing – Red candle engulfs prior green → strong seller pressure
9️⃣ Bearish Tweezers – Two similar highs → strong resistance zone
🔟 Evening Star – Green ➡️ small candle ➡️ big red → momentum shifts to bears
1️⃣1️⃣ Shooting Star – Small body, long upper wick → bulls fail to hold highs
1️⃣2️⃣ Three Black Crows – 3 red candles → strong bearish continuation
1️⃣3️⃣ Three Inside Down – Green candle, then two reds → reversal confirmed

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⚪ Neutral / Indecision Candles

These suggest market hesitation — wait for confirmation before acting:

1️⃣4️⃣ Spinning Tops – Small body + long wicks → indecision
1️⃣5️⃣ Doji – Open ≈ Close → market is paused, watch next candle

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📌 Quick Tips for Real-World Trading:
✅ Always confirm patterns with volume
✅ Combine with support/resistance zones
✅ Use indicators (RSI, MACD) for extra confirmation
✅ Don’t trade a pattern until the candle fully closes

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💡 Mastering these candlestick patterns will level up your entries & exits — and help you avoid costly emotional trades.

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