Maximilian_FX

SHIBUSDT sell now?

Short
BINANCE:SHIBUSDT   SHIB / TetherUS
Hello dear traders!

Overall, the downtrend of SHIBUSDT continues to develop, the support level on the rising price channel cannot make this coin turn around, but the downtrend continues to develop.

The bullish structure is under threat, the market is having a sharp sell-off. Expecting continued selling following the market trend, I expect the 5 Elliott waves to gradually complete within a bearish range, as long as the price has not broken through the current resistance level. And you, what is your strategy today?
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