Sell SHIB/USDT – 30M – SELL

The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline downwards

A descent downwards to the next support line at 0.000024250 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.000028130 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish chart scenario. 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%.

Support & Resistance Price Range*
3rd High
2nd High 0.000030460
Next High 0.000028130
Current Price 0.000025780
Next Low 0.000024250
2nd Low 0.000023030
3rd Low 0.000022590

Download SHIB/USDT Signal Image

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