Sell SHIB/USDT – 1H – SELL

The combination Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline down.

A continuation of the downtrend down to the next support level at 0.000022590 is expected.

Caution: A possible change in the direction of resistance at 0.000027490 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. this 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 0.000028330
2nd High 0.000027960
Next High 0.000027490
Current Price 0.000023040
Next Low 0.000022590
2nd Low 0.000018840
3rd Low 0.000018400

Download SHIB/USDT Signal Image

Trading Signals:

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