SHIB/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support at 0.000012260 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000012720 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

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

0.000012720 – 0.000012860 – 0.000013390 – 0.000012260 – 0.000012030 – 0.000012040 — 49.858973851003 – 48.315060242163

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –