SHIB/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support at 0.000012710 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.000013920 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. this 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’ heading down is 82%.

0.000013920 – 0.000014000 – 0.000014060 – 0.000012710 – 0.000012820 – 0.000013260 — 62.344677007782 – 58.8493450671

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Triple bottom chart pattern – –