SHIB/USDT – 30M – SELL

The pair Shiba Inu/Tether (SHIB/USDT) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 0.000020250 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.000021510 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 2.025E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000021510 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative 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’ heading down is 82%.

Download SHIB/USDT Signal Image

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows