SHIB/USDT – 4H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

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

A bearish descent down to the next support line at 0.000012020 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.000013500 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. 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 probability of ‘Three Black Crows’ heading down is 82%.

0.000013500 – 0.000013390 – 0.000014190 – 0.000012020 – 0.000012030 – 0.000012500 — 35.151594073229 – 33.709645132811

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