SHIB/USDT – 30M – SELL

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

A bearish movement down to the next support at 0.000013080 is expected.

Caution: A possible change in the direction of the resistance level at 0.000014160 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black 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 likelyhood of ‘Three Black Crows’ going down is 82%.

0.000014160 – 0.000013500 – 0.000013540 – 0.000013080 – 0.000013090 – 0.000012820

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