SHIB/USDT – 4H – SELL

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

A continuation of the downtrend down to the next support level at 0.000012830 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.000013610 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

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

Additionally a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.000013610 – 0.000014840 – 0.000013200 – 0.000012830 – 0.000012000 – 0.000011810 — 40.72345266971 – 37.101465898547

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –