SHIB/USDT – 4H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A bearish trend down to the next support line at 0.000012970 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000014380 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘RSI cross above 30’ indicator signal is found. The indicator is ‘RSI cross above 30’. which is often a bullish signal. The currency pair could go up.

Moreover a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.000014380 – 0.000015970 – 0.000015780 – 0.000012970 – 0.000012750 – 0.000011210 — 40.961265857607 – 35.646224513489

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