SHIB/USDT – 30M – SELL

The combination Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline downwards

A descent down to the next support level at 0.000025180 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000028180 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 2.41321E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.000028180 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency 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%.

Download SHIB/USDT Signal Image

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