Sell SHIB/USDT – 1H – SELL

The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline down.

A continuation of the downward movement down to the next support at 0.000011810 will persist.

Caution: A possible change in the direction of the resistance level at 0.000012480 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

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

Also there is a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000012730
2nd High 0.000012610
Next High 0.000012480
Current Price 0.000012340
Next Low 0.000011810
2nd Low 0.000011450
3rd Low 0.000011340

0.000012480 – 0.000012610 – 0.000012510 – 0.000011810 – 0.000011920 – 0.000011980 — 51.212231060464 – 49.435848460223

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