SHIB/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A descent down to the next support at 0.000013890 will persist.

Caution: A possible change in the direction of the resistance level at 0.000014200 could occur.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘RSI cross above 70’ indicator signal is discovered. The indicator shows ‘RSI cross above 70’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

0.000014200 – 0.000014190 – 0.000014170 – 0.000013890 – 0.000013910 – 0.000013940 — 52.055261454578 – 50.188884866985

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Rising Wedge Chart Pattern –