SHIB/USDT – 30M – SELL

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

A bearish trend downwards to the next support level at 0.000013240 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 0.000014110 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 1.384096E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.000014110 could occur.
Consider stop-loss settings accordingly.

0.000014110 – 0.000013800 – 0.000014020 – 0.000013240 – 0.000013200 – 0.000012970 — 59.411016843623 – 58.412125539741

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Double bottom retreat down –