Sell SHIB/USDT – 30M – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

The bearish trend down to the next support at is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000013040 could occur.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

And also a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000013560
2nd High 0.000013060
Next High 0.000013040
Current Price 0.000012900
Next Low
2nd Low
3rd Low

0.000013040 – 0.000013060 – 0.000012990 – 0.000012800 – 0.000012820 – 0.000012770 — 49.436014214552 – 45.350320517183

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