SHIBUSDT just bounced from impending deathcross
SHIBA had a little bounce temporarily evading a deathcross. (Green dma50 x the red dma200). There are many possible supports just below like the GANN fan line, the horizontal support zone, the converging dma 50 & 200 & the Ichimuko cloud if it is able to break through next few days. (That will be bullish)
Resistances above are the blue dma150 & the violet dma 100 which SHIBA have to tackle before any more upside. If Shiba fails, it may just consolidate between these support & resistance for a while.
Trade very cautiously here. Wait for more confirmation.
Resistances above are the blue dma150 & the violet dma 100 which SHIBA have to tackle before any more upside. If Shiba fails, it may just consolidate between these support & resistance for a while.
Trade very cautiously here. Wait for more confirmation.
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