SHIBA Short
As can be seen in the SHIB chart, the symbol in the drawn channel is moving towards the bottom of the channel. On its way down, the price on the price cluster is currently at the level of 0.00000082. Which is a combination of 100% and 127.1% Fibonacci levels. We expect this downward movement to continue until it reaches the bottom of the channel and the level of the price cluster again, ie at 0.00000545.
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.