Sell SHIB/USDT – 4H – SELL

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

A continuation of the downward movement downwards to the next support line at 0.000020880 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.000024080 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘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 0.000029790
Next High 0.000024080
Current Price 0.000021800
Next Low 0.000020880
2nd Low
3rd Low

Download SHIB/USDT Signal Image

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