SHIB/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 0.000012820 is certain.

Caution: A possible change in the direction of the resistance level at 0.000013540 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Then a ‘Two Crows’ chart pattern is discovered. The candles show ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000013540 – 0.000013500 – 0.000013870 – 0.000012820 – 0.000013050 – 0.000013290

Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Two Crows –