SHIB/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 0.000012330 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000012720 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Then a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘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).

0.000012720 – 0.000012820 – 0.000012890 – 0.000012330 – 0.000012410 – 0.000012580

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