SHIB/USDT – 4H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

The combination Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline downwards

A continuation of the downtrend down to the next support level at is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000014060 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘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 – –