SHIB/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

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

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

Caution: A possible reversal of the trend in the direction of resistance at 0.000014190 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.391E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000014190 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

0.000014190 – 0.000014170 – 0.000014230 – 0.000013910 – 0.000013940 – 0.000013930 — 43.142416390345 – 40.609908695571

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Rising Wedge Chart Pattern –