Sell SHIB/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 0.000021030 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.000021900 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000024270
2nd High 0.000022030
Next High 0.000021900
Current Price 0.000021480
Next Low 0.000021030
2nd Low 0.000020760
3rd Low 0.000020480

Download SHIB/USDT Signal Image

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