Sell SHIB/USDT – 4H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A descent down to the next support line at 0.000012970 will persist.

Caution: A possible change in the direction of the resistance zone at 0.000014380 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘RSI cross above 30’ indicator signal is existing. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart scenario. The currency pair could go up.

Then a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000016000
2nd High 0.000015970
Next High 0.000014380
Current Price 0.000012730
Next Low 0.000012970
2nd Low 0.000012750
3rd Low 0.000011210

0.000014380 – 0.000015970 – 0.000015780 – 0.000012970 – 0.000012750 – 0.000011210 — 40.961265857607 – 35.646224513489

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