The pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline down.
The bearish trend downwards to the next support at 0.000012370 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000013390 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
In addition a ‘Southern Doji’ candlestick pattern is discovered. The chart forms ‘Southern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014380 |
| 2nd High | 0.000014190 |
| Next High | 0.000013390 |
| Current Price | 0.000012410 |
| Next Low | 0.000012370 |
| 2nd Low | 0.000012280 |
| 3rd Low | 0.000012040 |
0.000013390 – 0.000013200 – 0.000013040 – 0.000012440 – 0.000012990 – 0.000013090 — 30.881581864873 – 30.881581864873
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Southern Doji – – –