Sell SHIB/USDT – 30M – SELL

The pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline downwards

A bearish descent down to the next support at 0.000027600 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000028840 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000029790
2nd High 0.000029420
Next High 0.000028840
Current Price 0.000028270
Next Low 0.000027600
2nd Low 0.000027440
3rd Low 0.000024180

Download SHIB/USDT Signal Image

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