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Cryptoleancom
Mar 17, 2024 11:13 AM

Cryptolean Shiba Inu SHIB Update  

Shiba Inu / United States DollarCoinbase

Description

Shiba Inu found a support at $0.00002399-$0.00002509, the key daily support zone.

A bullish reversal from this zone is likely, assuming we see back bullishness in BTC, and will result in a move to re-test $0.00003107.

A bearish break-out of $0.00002399-$0.00002509 will push SHIB price lower towards $0.00001911.

Intraday Chart



The SHIBUSD 4-Hour chart is bearish and moving to the key intraday resistance at $0.00002814.

(1) A bearish rejection of $0.00002814 or (2) a bearish dip to below $0.00002304 will lead to Shiba Inu price declining to $0.00001264-$0.00001697, the key daily support zone.

A bullish break-out of $0.00002814 will push price to re-test $$0.00003288 and possibly $0.00003762.

Support once read!
Thank you.
Comments
simpsonepic1a
BTC will loose support at 60k and move to 50k before whale dumb and halving witch will push shib to 19-20 or below.
Cryptoleancom
@simpsonepic1a i agree ☝️
Cryptoleancom
I agree, if Bitcoin will push to below $59,900 😊
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