SHIB/USDT – 30M – SELLThe combination Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline downwards
A descent downwards to the next support line at 0.000012940 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000013500 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Southern Doji’ chart pattern is discovered. The chart shows ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 0.000013500 |
| Current Price | 0.000013240 |
| Next Low | 0.000012940 |
| 2nd Low | 0.000012020 |
| 3rd Low | 0.000011880 |
0.000013500 – 0.000012530 – 0.000012720 – 0.000012940 – 0.000012020 – 0.000012260 — 54.847574061417 – 54.847574061417
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Southern Doji – – –