Sell SHIB/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

The combination Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline downwards

A descent down to the next support line at 0.000013970 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.000014230 could be enabled.
Consider stop-loss settings accordingly.

Then a ‘RSI fall below 70’ indicator signal is detected. The indicator shows ‘RSI fall below 70’. this is usually a bearish chart scenario. The currency pair could go down.

Then a ‘Tweezers Top’ candle chart pattern is discovered. The candles show ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000015670
2nd High 0.000015520
Next High 0.000014230
Current Price 0.000014070
Next Low 0.000013970
2nd Low 0.000013240
3rd Low 0.000013200

0.000014230 – 0.000014110 – 0.000013800 – 0.000013970 – 0.000013240 – 0.000013200 — 61.217328617402 – 55.351040750535

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