SHIB/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 0.000012710 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000013750 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘RSI fall below 70’ indicator layout is discovered. The indicator shows ‘RSI fall below 70’. which is often a bearish chart scenario. The currency pair could go down.

Furthermore a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Furthermore a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000013750 – 0.000013170 – 0.000013420 – 0.000012710 – 0.000012820 – 0.000012980 — 65.536691321395 – 60.800229673233

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –