SHIBUSDT: Strong Support During $BTC Heavy Dumping
SHIBUSDT: Strong Support During $BTC Heavy Dumping.
This candle has a super low long pin at lower end and within the uptrend line.
During this hour of heavy dumping from $$BTC, a significant amount of support in added into $SHIB.
If the dip is lower than the 2nd HL, that would signify downtrend correction is next.
I'm hopeful that it will remain bullish. Maybe the most, 2 weeks of consolidation and restart another uptrend.
This candle has a super low long pin at lower end and within the uptrend line.
During this hour of heavy dumping from $$BTC, a significant amount of support in added into $SHIB.
If the dip is lower than the 2nd HL, that would signify downtrend correction is next.
I'm hopeful that it will remain bullish. Maybe the most, 2 weeks of consolidation and restart another uptrend.
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626
"Trend charting as a pastime."
626
"Trend charting as a pastime."