Also there is a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The combination Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support level at 0.000012710 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000014060 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015970 |
| 2nd High | 0.000014380 |
| Next High | 0.000014060 |
| Current Price | 0.000012980 |
| Next Low | 0.000012710 |
| 2nd Low | 0.000011850 |
| 3rd Low | 0.000011210 |
0.000014060 – 0.000014380 – 0.000015970 – 0.000012710 – 0.000011850 – 0.000012970 — 43.601656984285 – 42.113870070362
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –