SHIB/USDT – 1H – SELL

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

The bearish trend down to the next support line at 0.000012680 is expected.

Caution: A possible change in the direction of the resistance level at 0.000013200 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candlestick pattern is detected. The candles show ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000013200 – 0.000012980 – 0.000012480 – 0.000012680 – 0.000012660 – 0.000012150 — 58.116648903852 – 55.505037808616

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Two Crows – Triple bottom chart pattern – –