Falling wedge breakout and bullish confluence MACD cross, technically SHIB looks ready to pivot and begin next uptrend leg.
Looking for a move to .00004800 zone , based on price action will assess a "dead cat bounce" or indeed uptrend confirmed.
Volume shelf has acted as support, gotta go long with stop below here. Great R/R on this trade IMO
Looking for a move to .00004800 zone , based on price action will assess a "dead cat bounce" or indeed uptrend confirmed.
Volume shelf has acted as support, gotta go long with stop below here. Great R/R on this trade IMO
Note
SHIB still holding VP shelf support
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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.