SHIB/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.000012830 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000013590 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Then a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.000013590 – 0.000013610 – 0.000013260 – 0.000012830 – 0.000012860 – 0.000012920 — 34.951999724418 – 33.949835940362

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –