Sell SHIB/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2.6363E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000029790 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern 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
2nd High 0.000033430
Next High 0.000029790
Current Price 0.000028390
Next Low 0.000027440
2nd Low 0.000024180
3rd Low 0.000023320

Download SHIB/USDT Signal Image

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