SHIB/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A bearish trend downwards to the next support line at 0.000013400 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.000013920 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

And also a ‘Three Inside Down’ candle chart pattern is found. The candles show ‘Three Inside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.000013750 – 0.000013170 – 0.000013420 – 0.000013400 – 0.000012710 – 0.000012820 — 53.611083138987 – 50.195636901927

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –