Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support at is likely expected.
Caution: A possible change in the direction of the resistance level at 0.000013040 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.
Besides a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern 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
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –