SHIB/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 0.000012500 will continue.

Caution: A possible change in the direction of the resistance line at 0.000013030 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Moreover a ‘Two Crows’ chart pattern is discovered. The chart forms ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000013030 – 0.000013150 – 0.000014190 – 0.000012500 – 0.000012620 – 0.000013580 — 56.933723893607 – 51.750073014548

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