SHIB/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support level at 0.000012830 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 0.000013390 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘Northern Doji’ chart pattern is detected. 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000013390 – 0.000013200 – 0.000013040 – 0.000012990 – 0.000013090 – 0.000012900 — 39.852130314768 – 31.967986019069

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