Sell SHIB/USDT – 30M – SELL

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

A bearish descent downwards to the next support at 0.000015090 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000015890 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Then a ‘Two Crows’ candle pattern is found. The chart forms ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000017650
2nd High 0.000016000
Next High 0.000015890
Current Price 0.000015500
Next Low 0.000015090
2nd Low 0.000014480
3rd Low 0.000014220

0.000015890 – 0.000015840 – 0.000015230 – 0.000015090 – 0.000014480 – 0.000014220

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