SHIB/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support at 0.000012290 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000012570 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.

In addition a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

In addition a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘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 likelyhood of ‘Three Black Crows’ going down is 82%.

0.000012570 – 0.000012480 – 0.000012610 – 0.000012290 – 0.000011810 – 0.000011920 — 40.777492387628 – 38.954708529899

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – – –