Sell SHIB/USDT – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 2.053E-5 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000024620 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency 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 0.000027960
2nd High 0.000027490
Next High 0.000024620
Current Price 0.000021030
Next Low 0.000020650
2nd Low 0.000020530
3rd Low

Download SHIB/USDT Signal Image

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