Sell SHIB/USDT – 4H – SELL

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

A continuation of the bearish trend down to the next support line at 0.000011850 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 0.000013390 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Southern Doji’ candlestick chart pattern is existing. The chart shows ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000014380
2nd High 0.000014190
Next High 0.000013390
Current Price 0.000012400
Next Low 0.000011850
2nd Low 0.000011210
3rd Low 0.000011050

0.000013390 – 0.000014190 – 0.000014060 – 0.000012500 – 0.000012710 – 0.000011850 — 43.858033152781 – 43.288204480823

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