The beginning of the upward movement from the support of the channel, then the rollback and the breakout of the support. Perhaps there are a lot of "passengers" in the channel and you need to get rid of them. The coin is very manipulative as it has little liquidity and only Huobi Global can truly trade. The one with the larger volume influences...
SHE coin is on a deep down-trend coming from peak High over 90000 sats area. Currently, the price is respecting the downward channel of this falling wedge (Bullish Pattern) since October.
The bottom trend-line is retested 3 times already, the next target for a retest is the top downward trend-line between 800 - 840 sats region. I would expect the price...
ShineChain (SHE) after the downtrend stopped (maybe temporarily), the coin formed a 60% channel. For 2 months , the price made 4 movements in the channel + 60% 60 x 4 = + 240%. Now the price is at the bottom of the channel, at a very important zone. Also, do not forget that the price has come very close to the downtrend of the main trend. The previous pump pin...
Hi, today we are going to talk about SHE/BTC!
In this day trade, we observe an excellent opportunity in the short term (Time frame M60). Details are highlighted above.
Thanks for reading, and have good trades.
MACD not looking good on the 4 hour or daily. I think we are going to see a retest .0000038509 and then possibly down to .0000030000. It does have some decent trade volume so if it can hold strong from there we could then see some movement back up. These things fall quicker than they rise.