SHIB/USDT – 30M – SELL

The pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline downwards

A bearish movement downwards to the next support line at will persist.

Caution: A possible trend reversal in the direction of resistance at 0.000014150 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.000014150 – 0.000014350 – 0.000014840 – 0.000013860 – 0.000014060 – 0.000013190 — 30.379808660858 – 27.42408441513

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Double bottom retreat down – –