SHIB/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.000012890 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000013680 could occur.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.000013680 – 0.000014380 – 0.000014280 – 0.000012890 – 0.000013180 – 0.000013970 — 46.463937705289 – 39.669402010862

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Double top chart pattern –