SHIB/USDT – 30M – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The combination Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline downwards

A bearish movement downwards to the next support line at 0.000012750 is expected.

Caution: A possible change 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.

In addition a ‘RSI fall below 30’ indicator layout is detected. The indicator is ‘RSI fall below 30’. which is often a bearish chart scenario. The pair is likely to go down.

In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish 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 expected. Target of the current trend is 1.298E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.000013420 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going 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 – –