Sell SHIB/USDT – 30M – SELL

The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at 0.000023450 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000023900 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘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 likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000027490
2nd High 0.000024220
Next High 0.000023900
Current Price 0.000023490
Next Low 0.000023450
2nd Low 0.000020710
3rd Low 0.000020650

Download SHIB/USDT Signal Image

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