SHIB/USDT – 30M – SELLThe combination Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline downwards
A bearish trend down to the next support level at 0.000012660 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.000012890 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
Also there is a ‘Collapsing Doji Star’ candlestick chart pattern is existing. The candles form ‘Collapsing Doji Star’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013340 |
| 2nd High | 0.000012970 |
| Next High | 0.000012890 |
| Current Price | 0.000012730 |
| Next Low | 0.000012660 |
| 2nd Low | 0.000012370 |
| 3rd Low | 0.000011890 |
0.000012890 – 0.000012830 – 0.000012970 – 0.000012660 – 0.000012370 – 0.000011890
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Collapsing Doji Star