Sell SHIB/USDT – 4H – SELL

The pair Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline downwards

A continuation of the downtrend down to the next support level at 0.000023030 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000030460 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.000030460
Current Price 0.000024890
Next Low 0.000023030
2nd Low 0.000022590
3rd Low 0.000016190

Download SHIB/USDT Signal Image

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