Sell SHIB/USDT – 30M – SELL

The pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline downwards

A continuation of the downward movement down to the next support at 0.000012860 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 0.000013260 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000013830
2nd High 0.000013810
Next High 0.000013260
Current Price 0.000012980
Next Low 0.000012860
2nd Low 0.000012850
3rd Low 0.000012840

0.000013260 – 0.000013170 – 0.000013810 – 0.000012860 – 0.000012890 – 0.000012920 — 32.35367207012 – 31.516803312959

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