Sell SHIB/USDT – 30M – SELL

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

A bearish descent down to the next support line at 0.000024210 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.000025710 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 2.39562E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000025710 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000026780
2nd High 0.000026210
Next High 0.000025710
Current Price 0.000024490
Next Low 0.000024210
2nd Low 0.000024150
3rd Low 0.000023260

Download SHIB/USDT Signal Image

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