SHIB/USDT – 4H – 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 level at 0.000011210 is likely expected.

Caution: A possible change in the direction of resistance at 0.000014380 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘RSI fall below 70’ indicator signal is detected. The indicator is ‘RSI fall below 70’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘StochRSI fall below 80’ indicator signal is detected. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. this 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000014380 – 0.000015970 – 0.000015780 – 0.000012970 – 0.000012750 – 0.000011210 — 36.211756300547 – 30.724415898332

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Double top chart pattern – –