Sell SHIB/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support level at 0.000024870 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.000026360 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which 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 Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000028180
2nd High 0.000026520
Next High 0.000026360
Current Price 0.000025730
Next Low 0.000024870
2nd Low 0.000024480
3rd Low 0.000023550

Download SHIB/USDT Signal Image

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