SHIB/USDT – 30M – SELLMoreover a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The combination Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.000013580 will persist.
Caution: A possible change in the direction of resistance at 0.000014190 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015520 |
| 2nd High | 0.000014380 |
| Next High | 0.000014190 |
| Current Price | 0.000013670 |
| Next Low | 0.000013580 |
| 2nd Low | 0.000013400 |
| 3rd Low | 0.000012710 |
0.000014190 – 0.000014030 – 0.000013750 – 0.000013580 – 0.000013400 – 0.000012710 — 44.152611230997 – 38.861648378202
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –