SHIB is under the $0.000012 resistance and price appears keen to break above it, but so far it was rejected by bears.
With another push it could succeed, but for that the whole market, including BTC needs to break higher.
Hard to say where the market will go next, but SHIB remains somewhat bullish based on this price action.
The biggest concern is the lack of volume, that does not seem too good in my book and is a bearish indicator.
Patience for now. Bias remains somewhat bullish. I'd turn bearish if support is lost.
Like and follow if you liked my idea!
With another push it could succeed, but for that the whole market, including BTC needs to break higher.
Hard to say where the market will go next, but SHIB remains somewhat bullish based on this price action.
The biggest concern is the lack of volume, that does not seem too good in my book and is a bearish indicator.
Patience for now. Bias remains somewhat bullish. I'd turn bearish if support is lost.
Like and follow if you liked my idea!
đź“Ł Find more Alpha by joining Your Crypto Community đź”° LINKs BELOW đź”°
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
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.
đź“Ł Find more Alpha by joining Your Crypto Community đź”° LINKs BELOW đź”°
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
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.