SHIB/USDT – 1H – SELL

The combination Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 0.000013890 is considered certain.

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

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

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

Moreover a ‘Three Outside Down’ candle pattern is detected. The candles show ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000014190 – 0.000014230 – 0.000014020 – 0.000013890 – 0.000013930 – 0.000013200 — 49.397939213097 – 47.743973030378

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