SHIB/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 0.000023550 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.000024530 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 2.332E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.000024530 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Line Strike – Bearish’ candle chart pattern is existing. The candles show ‘Three Line Strike – Bearish’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Line Strike – Bearish