SHIB/USDT – 1H – SELL

The currency pair Shiba Inu/Tether (SHIB/USDT) moves from the bearish trendline down.

A continuation of the downward movement down to the next support line at 0.000012710 is considered certain.

Caution: A possible change in the direction of the resistance level at 0.000013320 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

And also a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.000013320 – 0.000013500 – 0.000012530 – 0.000012710 – 0.000013100 – 0.000012020 — 49.279575565381 – 46.273199209467

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – – –