Sell SHIB/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support at is expected.

Caution: A possible change in the direction of the resistance line at 0.000021900 could occur.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a bearish 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000024620
2nd High 0.000022030
Next High 0.000021900
Current Price 0.000019990
Next Low
2nd Low
3rd Low

Download SHIB/USDT Signal Image

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