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phoenixtradings

SHIB at strong fib levels. Bullish Hidden Divergence at 4H TF

SHIB / TetherUS (BINANCE:SHIBUSDT)  
phoenixtradings  
BINANCE:SHIBUSDT   SHIB / TetherUS
Technical Indicators Chart Patterns Trend Analysis shib SHIBUSDT shibainu shibacoin shibainucoin shibcoin shibatoken shibtoken Technical Analysis
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indicator chartpattern trendanalysis shib shibusdt shibainu shibacoin shibainucoin shibcoin shibatoken shibtoken technicalanalysis
Notes:
- Currently forming a pennant pattern
- Support: 0.000058 to 0.000062
- Resistance 1: 0.000075 to 0.000077 due to 3 overlapping fib levels from previous significant highs and lows.
- Resistance 2: 0.000087 previous ATH
- Resistance 3: 0.0001 due to 3 overlapping fib levels from previous significant highs and lows
- RSI shows Bullish Hidden Divergence at 4H TF
- Stochastic shows continuous buy signal but going overbought
- May bounce at 0.000065 before breakout (or breakdown)
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