SHIB is looking interesting vs USDT. Price action has been consolidating into a relatively tight range between a flattening Curved Resistance and a Rising Support. Combined with a recent Daily Bullish Divergence and a potential switch of momentum in the indicators, I'm becoming more and more convinced that a sharp breakout is brewing. I'm interested in taking a...
📊 SHIBUSDT (SHIBA INU )
💹 Time Frame: Daily (Update)
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🟢Shib took a strong rejection from the major resistance zone around 0.00002804$ - $0.00002973 Also, there's a strong key 0.618 Fibonacci level, which can act as a support in the future. Around,
0.000021 - 0.00002566 is the next. support area where you can look for buying opportunities.
Let's see...
Here's a quick look at SHIB 2 hr chart. As we can see, the price has printed a bigger bull pennant and we could see a breakout very soon! The best entry would be, when the price breaks above the bull pennant with good amount of volume .
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The idea is: Buy the breakout from the bull pennant and take profits at the levels...
