SHIB/USDT – 30M – SELL

And also a ‘Triple bottom chart pattern’ chart pattern is discovered. The formation shows ‘Triple bottom chart pattern’. which is a positive signal. The currency pair is likely to go up.

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

A bearish descent downwards to the next support at 0.000012850 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000013200 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.308872E-5 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000013200 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000013170 – 0.000013000 – 0.000013200 – 0.000012850 – 0.000012840 – 0.000012750 — 65.211385383373 – 60.588402626744

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –