SHIB/USDT – 4H – SELL

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

A descending movement down to the next support line at 0.000012750 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000016000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘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 chance 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 – Double bottom retreat down