SHIB/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 0.000012900 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.000013390 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

There is also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘Two Crows’ candlestick chart pattern is discovered. The candles form ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000013390 – 0.000013200 – 0.000013040 – 0.000013090 – 0.000012900 – 0.000012830 — 41.00215079281 – 39.340082863264

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Two Crows – – –