SHIB/USDT – 30M – SELL

The combination Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline down.

A descending movement downwards to the next support line at 0.000012750 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.000013680 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘RSI cross above 70’ indicator signal is discovered. The indicator shows ‘RSI cross above 70’. which is often a bullish chart signal. The pair is likely to go up.

There is also a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which is often a bullish chart signal. The pair is likely to go up.

There is also a ‘Three Outside Down’ candlestick chart pattern is found. The candles form ‘Three Outside Down’. this 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 probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000013330 – 0.000013010 – 0.000013080 – 0.000012750 – 0.000012370 – 0.000012280 — 65.743892008373 – 62.31037487881

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Outside Down – Double bottom retreat down – –