SHIB/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.000012440 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.000013390 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘On Neck’ candle chart pattern is existing. The candles form ‘On Neck’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘On Neck’ going down is 56% (Bull Market) & 58% (Bear Market).

0.000013390 – 0.000013200 – 0.000013040 – 0.000012440 – 0.000012990 – 0.000013090 — 45.690348943244 – 43.590297461164

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – On Neck – Rising Wedge Chart Pattern – –