SHIB/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline downwards

A descent down to the next support line at 0.000012680 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000013200 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Two Crows’ candle chart pattern is existing. The candles show ‘Two Crows’. which 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 likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000013200 – 0.000013170 – 0.000013200 – 0.000012680 – 0.000012660 – 0.000012150 — 47.427528017279 – 46.49579734059

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