SHIB/USDT – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

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

A descent down to the next support line at 0.000012680 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000013200 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

And also a ‘Two Crows’ candle pattern is detected. The candles show ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000013200 – 0.000012980 – 0.000012480 – 0.000012680 – 0.000012660 – 0.000012150 — 53.427702297832 – 52.501521153377

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –