SHIB/USDT – 4H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support level at will continue.

Caution: A possible trend reversal in the direction of the resistance level at 0.000014060 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.

Besides a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern 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’ heading down is 82%.

0.000014060 – 0.000014380 – 0.000015970 – 0.000012710 – 0.000011850 – 0.000012970 — 40.527551968449 – 39.042126397592

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