Sell SHIB/USDT – 30M – SELL

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

A descent downwards to the next support level at 0.000023320 is certain.

Caution: A possible trend reversal in the direction of resistance at 0.000025430 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ candle pattern is found. The chart forms ‘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 chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000028180
2nd High 0.000026490
Next High 0.000025430
Current Price 0.000023780
Next Low 0.000023320
2nd Low 0.000023030
3rd Low 0.000022590

Download SHIB/USDT Signal Image

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