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SHIB / TetherUS
Short

Update still short

By PortifexMortis
Update from last night. Now on smaller timeframe a downward channel defined. Maybe a retest of the last yellow resistance (previous support) to really solidify the new direction. My up/down price channels range have been getting more narrow with each swing so I think we are going to see an even tighter consolidation on 1 and 4 hour charts before breaking out of the over all decending triangle that we’ve been following for the past month or so.
Trend Analysis
PortifexMortis

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