SHIBUSDT | Potential Bearish Pennant
מעודכן
Disclaimer on,
This is a personal opinion, I am not responsible on your trading results.
Trade with your own risk.
We all know that SHIBA INU has experienced a considerable decline in recent days. Then it strengthened until it touched the 21 EMA area and then weakened again, this strengthening in my opinion is a secondary reaction to the main trend, the bearish trend.
In the formation of the secondary reaction I noticed an unconfirmed Pennant pattern being formed. If this pattern is confirmed with a break of the lower trend line, then the price of SHIBUSDT is predicted to continue to weaken to the level of 0.014xxx.
Follow me for next update
___________
Best regards, riandwip686
This is a personal opinion, I am not responsible on your trading results.
Trade with your own risk.
We all know that SHIBA INU has experienced a considerable decline in recent days. Then it strengthened until it touched the 21 EMA area and then weakened again, this strengthening in my opinion is a secondary reaction to the main trend, the bearish trend.
In the formation of the secondary reaction I noticed an unconfirmed Pennant pattern being formed. If this pattern is confirmed with a break of the lower trend line, then the price of SHIBUSDT is predicted to continue to weaken to the level of 0.014xxx.
Follow me for next update
___________
Best regards, riandwip686
הערה
After several time, the price look broke the upper trend line and it's mean that the pennant pattern was fail.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.