Sell SHIB/USDT – 30M – SELL

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

A descending movement down to the next support level at 0.000021280 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.000022450 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000023600
2nd High 0.000023130
Next High 0.000022450
Current Price 0.000022060
Next Low 0.000021280
2nd Low 0.000021180
3rd Low 0.000020950

Download SHIB/USDT Signal Image

Trading Signals:

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