Sell SHIB/USDT – 30M – SELL

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

A bearish trend downwards to the next support level at 0.000024480 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.000026520 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000030460
2nd High 0.000028180
Next High 0.000026520
Current Price 0.000025300
Next Low 0.000024480
2nd Low 0.000023550
3rd Low 0.000023320

Download SHIB/USDT Signal Image

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