Sell SHIB/USDT – 30M – SELL

The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline downwards

A descent down to the next support at 0.000030290 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000032350 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Black Crows’ chart pattern is discovered. 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 0.000033430
2nd High 0.000032560
Next High 0.000032350
Current Price 0.000029890
Next Low 0.000030290
2nd Low 0.000028720
3rd Low 0.000026590

Download SHIB/USDT Signal Image

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