SHIB/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support line at 0.000011450 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.000013190 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. which is often a bearish chart signal. The pair is likely to go down.

Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

0.000013190 – 0.000013680 – 0.000014380 – 0.000012890 – 0.000013180 – 0.000013970 — 33.882272881768 – 28.252548475226

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