Hello traders,
Shiba's position on daily candlesticks according to the Fibos Trading system.
Right now SHIB is in a corrective segment of a previous bullish trend with a lot of buying volume (green line).
As soon as the volume long (green line) crosses the bullish volume of sale (red line), we will have the beginning of a bullish leg where we can have a broad target, looking for the previous high and even the fibo 38.2%.
All resistances are perfectly marked with the fibonacci retracement, now we just have to follow the volume.
Have a good day
Shiba's position on daily candlesticks according to the Fibos Trading system.
Right now SHIB is in a corrective segment of a previous bullish trend with a lot of buying volume (green line).
As soon as the volume long (green line) crosses the bullish volume of sale (red line), we will have the beginning of a bullish leg where we can have a broad target, looking for the previous high and even the fibo 38.2%.
All resistances are perfectly marked with the fibonacci retracement, now we just have to follow the volume.
Have a good day
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.