Market Instrument: SHIBUSDT
Timeframe: Daily
Analysis: Technical
Structure: Support, Minor Resistance, Trend Line
Prediction: Bullish
SHIB can retest the broken trend line one more time before the lift-off. The minor resistance at the moment showing a sell-off and this can show up as a pullback. After the pull back we have a greater chance of continuing the bull rally to the upside breaking through resistance.
Timeframe: Daily
Analysis: Technical
Structure: Support, Minor Resistance, Trend Line
Prediction: Bullish
SHIB can retest the broken trend line one more time before the lift-off. The minor resistance at the moment showing a sell-off and this can show up as a pullback. After the pull back we have a greater chance of continuing the bull rally to the upside breaking through resistance.