Sell SHIB/USDT – 30M – SELL

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

A bearish trend down to the next support level at 0.000012710 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000013510 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. 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 0.000014380
2nd High 0.000014190
Next High 0.000013510
Current Price 0.000012740
Next Low 0.000012710
2nd Low 0.000012020
3rd Low 0.000011880

0.000013510 – 0.000013320 – 0.000013390 – 0.000012710 – 0.000012710 – 0.000013100 — 38.906746225048 – 38.507192482717

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