SHIB/USDT – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

The currency pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline down.

A bearish trend downwards to the next support line at 0.000014730 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000015520 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. 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).

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 –