Sell SHIB/USDT – 1H – SELL

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

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

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

Caution: A possible reversal of the trend in the direction of resistance at 0.000012730 could be enabled.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a bearish pattern signal. 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’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000014190
2nd High 0.000013510
Next High 0.000012730
Current Price 0.000012350
Next Low
2nd Low
3rd Low

0.000012730 – 0.000012650 – 0.000013510 – 0.000012400 – 0.000012370 – 0.000011830 — 42.857030212764 – 37.808712984084

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