SHIB/USDT – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

The bearish trend down to the next support at 0.000012830 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.000013590 could happen.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Next a ‘Matching Low’ candle pattern is existing. The chart shows ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000013590 – 0.000013610 – 0.000013260 – 0.000012830 – 0.000012860 – 0.000012920 — 27.530681331808 – 27.530681331808

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –