SHIB/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

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

A bearish descent downwards to the next support level at 0.000013580 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.000014190 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000014190 – 0.000014030 – 0.000013750 – 0.000013580 – 0.000013400 – 0.000012710 — 44.152611230997 – 41.542188940848

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