SHIB/USDT – 4H – SELL

The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline down.

A descent downwards to the next support line at 0.000012750 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000014160 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.000014160 – 0.000013870 – 0.000012150 – 0.000012750 – 0.000011210 – 0.000011260

Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern