SHIB/USDT – 30M – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline downwards
A descent downwards to the next support at 0.000013100 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000013390 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014700 |
| 2nd High | 0.000013440 |
| Next High | 0.000013390 |
| Current Price | 0.000013390 |
| Next Low | 0.000013100 |
| 2nd Low | 0.000012840 |
| 3rd Low | 0.000012820 |
0.000013390 – 0.000013380 – 0.000013220 – 0.000013100 – 0.000012840 – 0.000012820
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji