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Matreshka
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Bullish
New thoughts on $SHIB
Locally, we see a trend continuation pattern. This means that the strengthening of this level is confirmed, and this indicates that there is a 60% chance that a level above resistance will form, with trading in a flat mode and a widening spread between resistance and support. If we do not reach the trend line of the ascending channel and the level of resistance, there is a 70% chance of a shakeout of weak hands. If we secure above the support line, it will likely be another flat and accumulation of positions.
This is my personal opinion. This post does not encourage entering high-risk assets and positions; it is for informational purposes only. ✌️ Does anyone have bright thoughts?
Locally, we see a trend continuation pattern. This means that the strengthening of this level is confirmed, and this indicates that there is a 60% chance that a level above resistance will form, with trading in a flat mode and a widening spread between resistance and support. If we do not reach the trend line of the ascending channel and the level of resistance, there is a 70% chance of a shakeout of weak hands. If we secure above the support line, it will likely be another flat and accumulation of positions.
This is my personal opinion. This post does not encourage entering high-risk assets and positions; it is for informational purposes only. ✌️ Does anyone have bright thoughts?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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