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Shiba Inu broke the lime uptrendline, susequently backtested it and got slammed. Price is currently sitting at important support which has to be defended by bulls, otherwise there is chance of significant decline. Lower supports as shown. Bulls must break the red downtrendline if they want to push the price higher.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Shiba Inu broke the lime uptrendline, susequently backtested it and got slammed. Price is currently sitting at important support which has to be defended by bulls, otherwise there is chance of significant decline. Lower supports as shown. Bulls must break the red downtrendline if they want to push the price higher.
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Comment:
SHIB broke the SUPPORT1 and as expected plunged big time and stopped right at the SUPPORT2, bounced and went up just to find strong resistance in previously broken SUPPORT1. Price dropped back down to the SUPPORT2, and now is smashing through it. I guess SUPPORT3 to follow sooner or later...
