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!
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.