SHIB/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

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

A bearish trend down to the next support at 0.000013400 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000013920 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Three Inside Down’ candlestick pattern is existing. The chart shows ‘Three Inside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.000013750 – 0.000013170 – 0.000013420 – 0.000013400 – 0.000012710 – 0.000012820 — 53.611083138987 – 50.195636901927

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