Sell SHIB/USDT – 1H – SELL

The combination Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline down.

A bearish movement downwards to the next support at 0.000023450 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000024220 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000027960
2nd High 0.000027490
Next High 0.000024220
Current Price 0.000024010
Next Low 0.000023450
2nd Low 0.000020650
3rd Low 0.000020530

Download SHIB/USDT Signal Image

Trading Signals:

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