SHIB/USDT – 4H – SELL

The combination Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline down.

A continuation of the downtrend downwards to the next support level at 0.000011850 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.000014060 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. 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).

0.000014060 – 0.000014380 – 0.000015970 – 0.000011850 – 0.000012970 – 0.000012750 — 61.533332173325 – 56.872906069724

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple bottom chart pattern – –