SHIB/USDT – 1H – SELL

The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline downwards

A descending movement downwards to the next support level at 0.000012240 will continue.

Caution: A possible change in the direction of resistance at 0.000013180 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000013180 – 0.000013680 – 0.000014380 – 0.000012240 – 0.000012890 – 0.000013890 — 43.626416832298 – 42.836006689405

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – –