The pair Shiba Inu/Tether (SHIB/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.000011850 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.000013390 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Southern Doji’ candlestick chart pattern is existing. The chart shows ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading 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 | 0.000012400 |
| Next Low | 0.000011850 |
| 2nd Low | 0.000011210 |
| 3rd Low | 0.000011050 |
0.000013390 – 0.000014190 – 0.000014060 – 0.000012500 – 0.000012710 – 0.000011850 — 43.858033152781 – 43.288204480823
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Southern Doji – Triple bottom chart pattern – –