The combination Shiba Inu/Tether (SHIB/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.000012710 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000013320 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.
Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Also there is a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013500 |
| 2nd High | 0.000013390 |
| Next High | 0.000013320 |
| Current Price | 0.000012840 |
| Next Low | 0.000012710 |
| 2nd Low | 0.000012020 |
| 3rd Low | 0.000011880 |
0.000013320 – 0.000013390 – 0.000013500 – 0.000012710 – 0.000013100 – 0.000012940 — 49.246976600634 – 41.518028701141
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –