SHIB/USDT – 30M – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The combination Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline downwards
A descending movement down to the next support line at 0.000013580 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.000014190 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015520 |
| 2nd High | 0.000014380 |
| Next High | 0.000014190 |
| Current Price | 0.000013740 |
| Next Low | 0.000013580 |
| 2nd Low | 0.000013400 |
| 3rd Low | 0.000012710 |
0.000014190 – 0.000014030 – 0.000013750 – 0.000013580 – 0.000013400 – 0.000012710 — 44.152611230997 – 41.542188940848
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –