SHIB/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

The combination Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline downwards

A bearish movement down to the next support at 0.000012850 will continue.

Caution: A possible change in the direction of the resistance level at 0.000013200 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.294E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.000013200 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish 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%.

0.000013200 – 0.000013170 – 0.000013000 – 0.000012850 – 0.000012840 – 0.000012750 — 45.285861770837 – 41.260119660201

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