SHIB/USDT – 30M – SELL

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

A descent down to the next support line at 0.000023260 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000024850 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 2.374982E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.000024850 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows