Sell SHIB/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

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

A descent down to the next support line at 0.000014160 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 0.000014850 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000016000
2nd High 0.000015740
Next High 0.000014850
Current Price 0.000014410
Next Low 0.000014160
2nd Low 0.000013450
3rd Low 0.000012750

0.000014850 – 0.000013820 – 0.000013830 – 0.000014160 – 0.000013450 – 0.000012750

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