SHIB/USDT – 30M – SELL

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

A descent downwards to the next support line at 0.000012040 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000012660 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.000012660 – 0.000012860 – 0.000013390 – 0.000012320 – 0.000012440 – 0.000012990 — 30.108676957033 – 28.814972798535

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –