SHIB/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.000012150 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.000012410 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Matching Low’ candlestick chart pattern is discovered. The chart forms ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.000012410 – 0.000012290 – 0.000012470 – 0.000012150 – 0.000012110 – 0.000012000 — 61.710364442066 – 61.710364442066

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Matching Low – Triple top chart pattern – –