Sell SHIB/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

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

A bearish movement downwards to the next support at is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.000012620 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

Next a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000013510
2nd High 0.000013140
Next High 0.000012620
Current Price 0.000012520
Next Low
2nd Low
3rd Low

0.000012620 – 0.000012420 – 0.000013140 – 0.000012420 – 0.000012100 – 0.000012070 — 56.464365222463 – 54.282009061896

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