SHIB/USDT – 1H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A continuation of the bearish trend down to the next support at will continue.

Caution: A possible trend reversal in the direction of the resistance line at 0.000012730 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.

0.000012730 – 0.000012730 – 0.000012650 – 0.000011980 – 0.000012400 – 0.000012370 — 56.367917889829 – 54.562972291254

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