SHIB/USDT – 30M – SELL

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

A bearish movement down to the next support at 0.000012090 will continue.

Caution: A possible change in the direction of the resistance line at 0.000012250 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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).

0.000012250 – 0.000012120 – 0.000012150 – 0.000012090 – 0.000011800 – 0.000011880

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