YongTung

YongTung | SHIB DAILY: FAKE BREAK-OUT! THE BOTTOM IS IN!

Long
YongTung Updated   
BINANCE:SHIBUSDT   SHIB / TetherUS
Hello traders, today I want to talk to you about SHIBUSDT.

I made a few conclusions about SHIB.

Recently SHIB price broke the support level and pulled back.

At the moment SHIB price trades near to support line $0.00000840 (fib 1.27) level.

I expect that price can make small correction to support line and then bounce up and start to rise.

Then, I think price can break resistance line and go higher.

I set up my first target locate at the POC and resistance level $0.00001200.

Also, I think price can break resistance level and continue move up until resistance zone.

Therefore I set up second target at the local high and resistance zone $0.00001770 and $0.00001800 levels.

This is my opinion, I really hope it will be useful for you.

This is an article not financial advice, always do your own research.

And please don't forget to support this idea with your like and comment, It means a lot to me, thanks.

Be prepared and save your money. Make big profits!
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