SHIB/USDT – 4H – SELL

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

A continuation of the bearish trend downwards to the next support at will persist.

Caution: A possible change in the direction of the resistance level at 0.000012610 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Besides a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.000012610 – 0.000012730 – 0.000013510 – 0.000011810 – 0.000011980 – 0.000011830 — 49.111084611051 – 43.289095692651

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – Double top retreat up – –