SHIB/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 0.000013270 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.000013590 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Outside Down’ candle pattern is found. The candles form ‘Three Outside Down’. which is a negative pattern 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000013590 – 0.000013610 – 0.000013260 – 0.000013270 – 0.000012830 – 0.000012960 — 54.318063969848 – 46.952686805518

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Outside Down – – –