SHIB/USDT – 30M – SELL

The combination Shiba Inu/Tether (SHIB/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 0.000012680 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000013200 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. 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).

0.000013200 – 0.000012960 – 0.000012980 – 0.000012680 – 0.000012660 – 0.000012750 — 51.344663628784 – 44.625577659331

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –