SHIB/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

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

A bearish movement down to the next support level at 0.000012330 is certain.

Caution: A possible trend reversal in the direction of resistance at 0.000013620 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

There is also a ‘Tweezers Top’ candle chart pattern is found. The candles show ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.000013620 – 0.000013380 – 0.000013220 – 0.000012330 – 0.000012410 – 0.000012370

Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Tweezers Top