SHIB/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 0.000012620 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000013190 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair could go down.

Additionally a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.000013190 – 0.000013680 – 0.000014380 – 0.000012620 – 0.000012890 – 0.000013180 — 35.871699638318 – 28.112824639573

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern –