Sell SHIB/USDT – 4H – SELL

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

A continuation of the downward movement down to the next support at 0.000012250 will persist.

Caution: A possible change in the direction of resistance at 0.000013440 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000016000
2nd High 0.000014700
Next High 0.000013440
Current Price 0.000012370
Next Low 0.000012250
2nd Low 0.000011920
3rd Low 0.000010490

0.000013440 – 0.000014700 – 0.000016000 – 0.000012250 – 0.000014110 – 0.000013880

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