SHIB/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 0.000012150 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.000012410 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Next a ‘Matching Low’ candle pattern is found. The candles show ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.000012410 – 0.000012290 – 0.000012470 – 0.000012150 – 0.000012110 – 0.000012000 — 61.592704098972 – 61.592704098972

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Matching Low – Triple top chart pattern – –