Sell SHIB/USDT – 30M – SELL

The combination Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline down.

A bearish descent down to the next support line at 0.000022020 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.000023560 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative 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 0.000027960
2nd High 0.000027490
Next High 0.000023560
Current Price 0.000022810
Next Low 0.000022020
2nd Low 0.000021920
3rd Low 0.000021180

Download SHIB/USDT Signal Image

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