SHIB/USDT – 4H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

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

A descent downwards to the next support level at is likely expected.

Caution: A possible change in the direction of the resistance level at 0.000013610 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.000013610 – 0.000014840 – 0.000013200 – 0.000012830 – 0.000012000 – 0.000011810 — 38.184962618426 – 37.19652250949

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