SHB/USD is currently at a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.2609 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 0.2849 Why we like it: There is is a pullback resistance...
Price is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit. Entry: 0.2360 Why we like it: There is a pullback support level. Stop loss: 0.2276 Why we like it: There is a pullback support level. Take profit: 0.2604 Why we like it: There is a pullback resistance level which aligns with the...
Price is rising towards a resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.2497 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 0.2603 Why we like it: There is a pullback...
Price is rising towards a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.2496 Why we like it: There is an overlap resistance level. Stop loss: 0.2580 Why we like it: There is a pullback resistance level. Take profit: 0.2363 Why we like...
SHB/USD is rising towards a resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.2414 Why we like it: There is an overlap resistance level which is slightly below the 50% Fibonacci retracement. Stop loss: 0.2505 Why we like it: There is a...
SHB/USD is falling towards a support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.2259 Why we like it : There is a pullback support level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.2153 Why we like it: There is a pullback support level. Take...
Here is an analysis that is being presented in this current time/space with the current metrics of the periods of the token. The market has been tipsy. I think one to many, if you ask me. Going forward the correction has weeded out the garden for the most part. Once the market correct itself, which will be soon, things will be on the Up and Up.
In worst case SHIB also can drop to his support 2 or 3 ,but stiil remains bullish by bouncing off on the 144 WMA ! and going up from there again making BIG moves ! support 2 (and/or) 3 are very good buy potentials in my opinion if it would drop ^^ NOTE! watch related idea for both perspective! LIKE AND FOLLOW FOR MORE ! ( i am not a financial advisor )
We can now se divergences in the 1h timeframe, i'm short in this case.