SHIB/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A bearish descent down to the next support level at is expected.

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

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Additionally a ‘Matching Low’ candlestick chart pattern is found. The candles show ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000013200 – 0.000012960 – 0.000012980 – 0.000012680 – 0.000012660 – 0.000012750 — 46.663362085487 – 46.663362085487

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –