Sell SHIB/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support line at 0.000024870 is considered certain.

Caution: A possible change in the direction of resistance at 0.000026520 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. 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 0.000028180
Next High 0.000026520
Current Price 0.000025490
Next Low 0.000024870
2nd Low 0.000023320
3rd Low 0.000023030

Download SHIB/USDT Signal Image

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