SHIB/USDT – 1H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A bearish movement downwards to the next support line at 0.000012830 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000013590 could occur.
In the case of a trade, always set appropriate stop-loss settings.

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

Besides a ‘Matching Low’ candlestick chart pattern is existing. The chart forms ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000013590 – 0.000013610 – 0.000013260 – 0.000012830 – 0.000012860 – 0.000012920 — 27.530681331808 – 27.530681331808

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –