SHIBAUSDT 6H
It follows the accumulative triangular figure, it needs to break through 0.00001398 to define an uptrend. But if it breaks 0.00001220 then we will start a bearish trend. Let's wait for the next candles. There is strong support at 0.00001256 which I believe will not break above it.
Here are the supports and resistances on the 6H:
Main support levels : 0.00001256 / 0.00001218
Main Resistance Levels : 0.00001366 / 0.00001398
RSI: Neutral
bullish MACD
EMAs are neutral.
It follows the accumulative triangular figure, it needs to break through 0.00001398 to define an uptrend. But if it breaks 0.00001220 then we will start a bearish trend. Let's wait for the next candles. There is strong support at 0.00001256 which I believe will not break above it.
Here are the supports and resistances on the 6H:
Main support levels : 0.00001256 / 0.00001218
Main Resistance Levels : 0.00001366 / 0.00001398
RSI: Neutral
bullish MACD
EMAs are neutral.
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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.