SHIB/USDT – 30M – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline down.

A descending movement downwards to the next support line at 0.000012750 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000013420 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘RSI fall below 30’ indicator layout is detected. The indicator shows ‘RSI fall below 30’. which could be a negative signal. The currency pair is likely to fall.

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

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 1.298E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.000013420 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. 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 Black Crows’ heading down is 82%.

0.000013420 – 0.000013920 – 0.000013700 – 0.000012980 – 0.000013410 – 0.000013260 — 30.333104582105 – 28.298908526266

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