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0.00001003-0.00001098 is an important interval

BINANCE:SHIBUSDT   SHIB / TetherUS
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(SHIBUSDT 1W Chart)
In order to maintain the mid- to long-term uptrend, it must be supported by rising above 0.0000 1240.


(1D chart)
It seems to have failed to rise above the 0.0000 1240 ~ 0.0000 1348 section.

Therefore, the question is whether the price can be maintained in the 0.0000 1003 to 0.0000 1098 range or higher.

If that happens, I think there is a high possibility that an attempt will be made to break through the 0.0000 1240 ~ 0.0000 1348 section upward with the volatility around January 26th.


The range above 0.0000 1527 ~ 0.0000 1618 shows a rapid upward trend, and no support or resistance lines are formed.

Therefore, if the price is maintained above 0.0000 1618, there is a possibility of a sharp rise to around 0.0000 2260.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator includes indicators that indicate points of support and resistance.

** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (www.tradingview.com/...shi-MS-Signal-HA-MS/).

** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).

(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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