SHIB/USDT – 4H – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A descending movement downwards to the next support level at 0.000012020 will persist.

Caution: A possible change in the direction of the resistance level at 0.000013500 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.000013500 – 0.000013390 – 0.000014190 – 0.000012020 – 0.000012030 – 0.000012500 — 35.151594073229 – 33.709645132811

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –