TradingView
Crypto4light
Nov 19, 2022 9:01 AM

SHIB test 2021 support Long

Description

BINANCE:SHIBUSDT

Shib will test 2021 support zone than bounce



✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.

Possible Targets and explanation idea
➡️On screen local picture since April. Fib in play and we possible will reject at downtrend line and go to -0.27 zone to took liquidity
➡️Now 0.0000057 its a Fundamental price for Shib
➡️But I think we will hold 0.00000637 and bounce from bottom of support zone and middle range between "buy line and fundamental price"
➡️Correction to this downside move we can expect to 0.618 level by fib
➡️on Direction indicator we see big whales start accumulate

Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!

✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.

* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!
More