SHIB/USDT – 30M – SELL

The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline downwards

A descent down to the next support line at 0.000012280 is certain.

Caution: A possible change in the direction of the resistance zone at 0.000012510 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘Three Inside Down’ candle chart pattern is existing. The candles form ‘Three Inside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.000012510 – 0.000012450 – 0.000012480 – 0.000012280 – 0.000012240 – 0.000011980 — 55.451451946791 – 49.56403379528

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Inside Down – Inverse Head and Shoulder chart pattern – –