SHIB/USDT – 4H – SELL

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

The bearish trend down to the next support level at 0.000012750 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000014700 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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).

0.000014160 – 0.000013870 – 0.000012150 – 0.000012750 – 0.000011210 – 0.000011260

Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern