RLinda ! SHIBUSDT-> Resistance Breakdown. What is the target?
Updated
SHIBUSDT reacts to the cryptocurrency market background and forms a bullish momentum from the low of 22.10.22, which is almost 12% and as part of this movement, the price breaks the resistance of the descending triangle.
Price forms a pullback to the previously broken boundary and the support zone of 0.00000886 for a possible retest. I expect price to be able to consolidate in the long zone and the bulls will start to push the price up.
Regards R.Linda!
Price forms a pullback to the previously broken boundary and the support zone of 0.00000886 for a possible retest. I expect price to be able to consolidate in the long zone and the bulls will start to push the price up.
- The short-term target is resistance at 0.00000922
- Mid-term target - liquidity zone at 0.00000967
Regards R.Linda!
Trade closed: target reached
(chart 1. The result in the moment)
SHIBUSD +7.5% in our direction. The first target of 0.00000922 is achieved.
The coin perfectly reacts to the breakdown of the pattern resistance and forms quite a big momentum. For example, using the 5 leverage it was possible to get the result of +37.5%
The coin forms the change of the local trend. Consolidation above the broken level opens the way to the next resistance 0.00000967
Trade active
The bulls are pushing the price up 10% in our direction)
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