SHIB/USDT – 30M – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The currency pair Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline down.

A continuation of the downtrend down to the next support level at 0.000013680 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.000013980 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart signal. The pair is likely to go down.

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

0.000013980 – 0.000014060 – 0.000013330 – 0.000013680 – 0.000012750 – 0.000012370 — 49.786385987228 – 47.244505227986

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –