SHIB/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 0.000012750 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000013000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

In addition a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish pattern signal. 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’ heading down is 82%.

0.000013000 – 0.000013200 – 0.000012960 – 0.000012750 – 0.000012680 – 0.000012660 — 51.932734818857 – 50.582828314878

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