SHIB/USDT – 30M – SELL

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

A bearish trend down to the next support at 0.000012750 is certain.

Caution: A possible change in the direction of resistance at 0.000014050 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘RSI fall below 30’ indicator layout is found. The indicator is ‘RSI fall below 30’. this is usually a bearish signal. The pair is likely to go down.

Additionally a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 1.341E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 0.000014050 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

0.000014050 – 0.000015520 – 0.000015370 – 0.000013410 – 0.000014730 – 0.000015170

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Double top chart pattern –