SHIB/USDT – 4H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish trend down to the next support at 0.000012710 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.000014060 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000014060 – 0.000014380 – 0.000015970 – 0.000012710 – 0.000011850 – 0.000012970 — 43.601656984285 – 42.113870070362

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –