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YongTung | SHIB DAILY: The bottom is in! Next bounce!
SHIB / TetherUS
Long
YongTung | SHIB DAILY: The bottom is in! Next bounce!
By YongTung
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Dec 15, 2022
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Dec 15, 2022
Hello traders, today I want to talk to you about SHIBUSDT.
I made a few conclusions about SHIB.
At the moment SHIB price trades near to support line $0.00000840 (Fib 1.27) level.
I expect that price can make small correction to support line and then bounce up and start to rise.
Then, I think price can break resistance line and go higher.
I set up my first target locate at the local high and resistance level $0.00001306 (yellow line).
Also, I think price can break resistance level and continue move up until resistance zone.
Therefore I set up second target at $0.00001770 level and $0.00001800 level.
This is my opinion, I really hope it will be useful for you.
This is an article not financial advice, always do your own research.
And please don't forget to support this idea with your like and comment, It means a lot to me, thanks.
Be prepared and save your money. Make big profits!
Trend Analysis
YongTung
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