SHIB/USDT – 30M – SELLThe pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.000014730 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000015670 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016000 |
| 2nd High | 0.000015970 |
| Next High | 0.000015670 |
| Current Price | 0.000015190 |
| Next Low | 0.000014730 |
| 2nd Low | 0.000014480 |
| 3rd Low | 0.000014220 |
0.000015670 – 0.000015970 – 0.000015890 – 0.000014730 – 0.000015170 – 0.000015090
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Northern Doji –