Sell SHIB/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline downwards

A descending movement down to the next support line at is likely expected.

Caution: A possible change in the direction of resistance at 0.000014000 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘RSI fall below 30’ indicator signal is discovered. The indicator shows ‘RSI fall below 30’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator shows ‘StochRSI cross above 20’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000014380
2nd High 0.000014060
Next High 0.000014000
Current Price 0.000013340
Next Low
2nd Low
3rd Low

0.000014000 – 0.000013980 – 0.000014060 – 0.000013680 – 0.000012750 – 0.000012370 — 32.575148209234 – 31.033489270807

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