SHIB/USDT – 1H – SELL

The currency pair goes from the ascending trendline down.

A descending movement down to the next support at 0.000018720 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000019480 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.8145E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000019480 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT