SHIB/USDT – 30M – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A continuation of the downtrend downwards to the next support level at 0.000012390 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 0.000012620 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.236E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.000012620 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

0.000012620 – 0.000012650 – 0.000012620 – 0.000012390 – 0.000012420 – 0.000012100 — 48.118871756264 – 46.033955756653

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Symmetrical Triangle Chart Pattern – –