1000SHSIBUSDTPERP Could go parabolic on the 15m chart if there I confirmation from a bounce from the support trend line + increasing volume on the way up.
SHIB im still looking for this long setup, price is still currently making a correction and has a bearish corrective downtrend on the 4hr and 1hr timeframe i am waiting to see if the market will break above this zone forming a new 4hr higher high if it does, i will look to enter on the retest of this previous resistance.
1000SHIB is the most shorted altcoin on binance futures, that I have ever seen - the funding rate on this pair is most of the time -0,75%, which is just completely insane, it means, that people who are in SHORT position on 1000SHIB, they must pay 0,75% of their position every funding period - on the chart, we can see 3 accumulation zones and I really think, that...
This is my first publishing. I'm still learning. I would like to believe that after the completion of the correctional wave, SHIB should continue with an uptrend eventually breaking above the descending triangle.
