SHIBUSDT CAN BREAK RESISTANCE 0.00009000$ ? OR FALL ?
Hello Traders,
- On 4H time chart after a huge pump for SHIBUSDT we can see that a retracement is happening for a little while price managed to retest resistance zone on 0.00007800$ ( fibonacci 0.618 ) but failed pushing the price lower toward support 0.00006000$.
- Price action is respecting our non horizontal support , if breakdown happened price will fall back to last support zone 0.00006000$ - 0.00005000$ maybe more.
-Dump is happening right now as we can monitor a good amount of selling volume , will have to wait to see if buyers still have the steam to push the price higher then 0.000078000$ to 0.00009000$ or else a break below key level supports as mentioned previously.
Good Luck traders!
- On 4H time chart after a huge pump for SHIBUSDT we can see that a retracement is happening for a little while price managed to retest resistance zone on 0.00007800$ ( fibonacci 0.618 ) but failed pushing the price lower toward support 0.00006000$.
- Price action is respecting our non horizontal support , if breakdown happened price will fall back to last support zone 0.00006000$ - 0.00005000$ maybe more.
-Dump is happening right now as we can monitor a good amount of selling volume , will have to wait to see if buyers still have the steam to push the price higher then 0.000078000$ to 0.00009000$ or else a break below key level supports as mentioned previously.
Good Luck traders!
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.