SHIB/USDT – 30M – SELL

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

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

Caution: A possible change in the direction of the resistance level at 1.0E-5 should always be considered.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.

In addition a ‘Two Crows’ candlestick chart pattern is detected. The candles form ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 —
0.000007840 – 0.000008020 —
34.747770977195 – 60.247791029658 —
– —
0.00001 – 1768975200

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Two Crows – Double top chart pattern – –