SHIB/USDT – 30M – SELL

The combination Shiba Inu/Tether (SHIB/USDT) moves from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 0.000012820 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.000013170 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000013170 – 0.000013420 – 0.000013920 – 0.000012820 – 0.000012980 – 0.000013410 — 41.964957989211 – 37.59082429318

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –