SHIB/USDT – 30M – SELL

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

A bearish movement downwards to the next support level at 0.000013080 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 0.000014160 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000014160 – 0.000013500 – 0.000013540 – 0.000013080 – 0.000013090 – 0.000012820

Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Double top chart pattern