SHIB/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support level at 0.000013890 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000014190 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘RSI fall below 70’ indicator signal is discovered. The indicator is ‘RSI fall below 70’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Also there is a ‘Northern Doji’ candle 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).

0.000014190 – 0.000014230 – 0.000014020 – 0.000013890 – 0.000013930 – 0.000013200 — 47.968715936381 – 38.954886706722

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern –