#SHIB/USDT
#update
SHIB shaped an ascending channel, and price is struggling to break down from the lower line.
🐻 breaking down from lower line of channel can shape a bearish flag and drop price to support zone around 0.786 fib level once again.
🐮 holding the lower line as support will increase price to middle line of channel.
#update
🐻 breaking down from lower line of channel can shape a bearish flag and drop price to support zone around 0.786 fib level once again.
🐮 holding the lower line as support will increase price to middle line of channel.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.