SHIB/USDT – 1H – SELL

The pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline downwards

A continuation of the downtrend down to the next support line at is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000012730 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.

Additionally a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000012730 – 0.000012730 – 0.000012650 – 0.000011980 – 0.000012400 – 0.000012370 — 55.770560320968 – 51.397309229681

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – – –