Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline downwards
A descending movement downwards to the next support line at 0.000014730 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.000015520 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016000 |
| 2nd High | 0.000015970 |
| Next High | 0.000015520 |
| Current Price | 0.000014800 |
| Next Low | 0.000014730 |
| 2nd Low | 0.000014480 |
| 3rd Low | 0.000014220 |
0.000015520 – 0.000015970 – 0.000015230 – 0.000014730 – 0.000014480 – 0.000014220
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern –