Sell SHIB/USDT – 30M – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

The combination Shiba Inu/Tether (SHIB/USDT) moves from the bearish trendline down.

A continuation of the bearish trend down to the next support line at is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.000012620 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.236E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.000012620 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

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

Support & Resistance Price Range*
3rd High 0.000013140
2nd High 0.000012650
Next High 0.000012620
Current Price 0.000012420
Next Low
2nd Low
3rd Low

0.000012620 – 0.000012650 – 0.000012620 – 0.000012390 – 0.000012420 – 0.000012100 — 46.305276752279 – 40.104102194596

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