TradingView
MII1502
Nov 14, 2021 7:10 AM

50.0% Fib lev created a Strong Support giving off a Buy Short

BINANCE:1000SHIBUSDT.P15
1000SHIB / TetherUS PERPETUAL CONTRACTBinance

Description

⋅
Fib lev at 50% created a Strong Support which gives Shiba a Buy to create a VALID TREND-LINE RESISTANCE with a retest of the RESISTANCE above 38.2% fib level. we are seeing a Channel Down with price pointing towards 78.60% as target.

Trade closed: target reached

⋅
Target Reached!
Trend Analysissupportcorrection
More