SHIB has recently broken the 200EMA line and is currently retesting that area. Now, the 200EMA has been a strong downtrend holder for a very long time on SHIB (if we look at a wider chart).
With the recent fakeout above that EMA, we expect the price to continue that decline but before that, we might fill the CME gap like we did the last time so eyes on it.
If all plays out well, we should see a good BOS or just a quick fill of CME and liquidity hunting to lower zones.
Swallow Academy
With the recent fakeout above that EMA, we expect the price to continue that decline but before that, we might fill the CME gap like we did the last time so eyes on it.
If all plays out well, we should see a good BOS or just a quick fill of CME and liquidity hunting to lower zones.
Swallow Academy
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🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.