Hello traders and investors,
My chart shows the Weekly MACD turning green, and the support for shib is above the 50 DMA, 100 DMA, and and 200 DMA. I’ve been tracking an inverse head and shoulders forming. There are some zones that will invalidate that thesis; but so far, the steady growth and support shows a steady uptrend that can flip most lines of resistance. Let’s see how high the RSI moves before cooling off.
SHIBUSD
My chart shows the Weekly MACD turning green, and the support for shib is above the 50 DMA, 100 DMA, and and 200 DMA. I’ve been tracking an inverse head and shoulders forming. There are some zones that will invalidate that thesis; but so far, the steady growth and support shows a steady uptrend that can flip most lines of resistance. Let’s see how high the RSI moves before cooling off.
SHIBUSD