SHIB/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support level at 0.000012290 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 0.000012570 could occur.
Consider stop-loss settings accordingly.

Next a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a negative 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%.

0.000012570 – 0.000012480 – 0.000012460 – 0.000012290 – 0.000012090 – 0.000011810 — 31.043596276781 – 27.929940693195

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –