SHIB/USDT – 30M – SELL

The currency pair Shiba Inu/Tether (SHIB/USDT) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 0.000012710 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000013320 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Moreover a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000013320 – 0.000013390 – 0.000013500 – 0.000012710 – 0.000013100 – 0.000012940 — 49.246976600634 – 45.740779434318

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –