SHIB/USDT – 30M – SELL

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

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

The bearish trend down to the next support level at 0.000012990 will persist.

Caution: A possible change in the direction of the resistance zone at 0.000013390 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.000013390 – 0.000013200 – 0.000013040 – 0.000012990 – 0.000013090 – 0.000012900 — 41.796835929896 – 40.277682101825

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –