SHIB/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.000025560 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.000033430 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 2.724418E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.000033430 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows