SHIBA has been in a downtrend for many weeks.
From here, upside is likely - especially if we look at the consecutive amount of "red" weekly candles (blue on this chart).
A 40% bounce zone is easily possible from this zone. Even at modest, 20% would be ideal:
____________
SHIBUSDT
From here, upside is likely - especially if we look at the consecutive amount of "red" weekly candles (blue on this chart).
A 40% bounce zone is easily possible from this zone. Even at modest, 20% would be ideal:
____________
SHIBUSDT Trade active
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Related publications
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Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
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.