Sell SHIB/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 2.374272E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000025470 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000026160
2nd High 0.000026050
Next High 0.000025470
Current Price 0.000024430
Next Low 0.000023030
2nd Low 0.000022590
3rd Low 0.000018840

Download SHIB/USDT Signal Image

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