DU09

SHIB/USD - Under resistance, can it break out? 🤔

做多
BINANCE:SHIBUSDT   SHIB / TetherUS
SHIB is under the $0.000012 resistance and price appears keen to break above it, but so far it was rejected by bears.

With another push it could succeed, but for that the whole market, including BTC needs to break higher.


Hard to say where the market will go next, but SHIB remains somewhat bullish based on this price action.

The biggest concern is the lack of volume, that does not seem too good in my book and is a bearish indicator.

Patience for now. Bias remains somewhat bullish. I'd turn bearish if support is lost.

Like and follow if you liked my idea!


📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰

🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha

Likes and follows appreciated! 🚀
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。