SHIBA INUשורט
demand weakening, pump needing fuel
Unless we break upside 0.458 on sign of strength. I do expect a retracement down for shib.
Since demand has been in power since beginning of October, I would expect the need for it to decrease before, we have that drop, by testing again 0.458, having some more of it getting absorbed.
And overall, I would consider .37 as first retracement zone, and unless we test that area showing light supply, what I see is a break under it for price to go dip the 0.305 area. Which a test of this lower zone would obviously be confirmed by a break under 0.37 on heavy supply
4 hours observations
Daily
Weekly
Since demand has been in power since beginning of October, I would expect the need for it to decrease before, we have that drop, by testing again 0.458, having some more of it getting absorbed.
And overall, I would consider .37 as first retracement zone, and unless we test that area showing light supply, what I see is a break under it for price to go dip the 0.305 area. Which a test of this lower zone would obviously be confirmed by a break under 0.37 on heavy supply
4 hours observations
Daily
Weekly
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.
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.