SHIB/USDT – 1H – SELLThere is also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.
The combination Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support line at will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000011800 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.
There is also a ‘Two Crows’ chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000012330 |
| Next High | 0.000011800 |
| Current Price | 0.000011150 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000011800 – 0.000011780 – 0.000011770 – 0.000011070 – 0.000011480 – 0.000010040
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Two Crows – Rising Wedge Chart Pattern