Sell SHIB/USDT – 30M – SELL

The combination Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline down.

A continuation of the downtrend downwards to the next support line at 0.000027600 is certain.

Caution: A possible change in the direction of resistance at 0.000028520 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. 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 0.000029790
2nd High 0.000029420
Next High 0.000028520
Current Price 0.000028180
Next Low 0.000027600
2nd Low 0.000027440
3rd Low 0.000024180

Download SHIB/USDT Signal Image

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