POLONIEX:SHIBUSDT   Shiba Inu / Tether USD
This is just my personal opinion,
I'm not responsible for your trade
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Hello all, the shib seems to have confirmed the first option I proposed in my last post.
So what's new, what about now? He came to touch and break some several supports during the last 5/6 hours.
and finally he found his "major" support around 0.0000235 and he was thrown up.

1 ) Several options

. First this is a fake out to the downside he will come back of his ascending triangle, nothing more.
if you got out before the break, then congratulations. Either you have chosen the option to fill your wallet, or you will wait for the confirmation (best option I think) that we have returned to the previous charts.
If you have been fooled, then wait for confirmation that we are back on the charts. :)

. Second option, the SHIB is now finds a resistance (red rectangle) which corresponds to the support of the previous triangle. This same resistance is also the 1.618 Fibonacci zone of the previous drop. This indicates that if we are thrown below we will stay a little bit of time in a horizontal move. (range).

. Third Option the resistance is too strong and we are on our way for much lower prices

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Trade safe, we only trade after confirmation
stay level ahead and see you next time
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