SHIB/USDT – 1H – SELL

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

A bearish movement down to the next support line at 0.000012240 will continue.

Caution: A possible change in the direction of the resistance level at 0.000013180 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

Furthermore a ‘Three Outside Down’ candlestick pattern is discovered. The candles form ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000013180 – 0.000013680 – 0.000014380 – 0.000012240 – 0.000012890 – 0.000013890 — 42.57213816929 – 41.13659478998

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Outside Down – –