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!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.