Sell SHIB/USDT – 30M – SELL

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

The bearish trend down to the next support line at 0.000029480 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.000030780 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The 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 0.000032560
2nd High 0.000032350
Next High 0.000030780
Current Price 0.000028750
Next Low 0.000029480
2nd Low 0.000028720
3rd Low 0.000026590

Download SHIB/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals