SHIBUSDT 4H short-term forecast from Wunderbit
Previous ATH level
Level with trade and volumes. May act as good support.
Absolute absence of volumes at the last growth in the volume profile. Can this be considered manipulation and false growth?
After the growth, the 0.786 Fibonacci level was worked out.
Explicit downward movement. In case of breakdown, the expectation of a strong upward movement.
Bearish RSI divergences
Option 2 maybe.
1 - Holding the level and working off the yellow wedge up to ATH.
2 - Development of the blue descending triangle down to the level of 0.000028.
Previous ATH level
Level with trade and volumes. May act as good support.
Absolute absence of volumes at the last growth in the volume profile. Can this be considered manipulation and false growth?
After the growth, the 0.786 Fibonacci level was worked out.
Explicit downward movement. In case of breakdown, the expectation of a strong upward movement.
Bearish RSI divergences
Option 2 maybe.
1 - Holding the level and working off the yellow wedge up to ATH.
2 - Development of the blue descending triangle down to the level of 0.000028.