Sell SHIB/USDT – 1H – SELL

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2.336468E-5 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000026160 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. 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 0.000030460
2nd High 0.000026210
Next High 0.000026160
Current Price 0.000024370
Next Low 0.000024020
2nd Low 0.000023260
3rd Low 0.000022590

Download SHIB/USDT Signal Image

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