Stronger Drop Incoming for Shiba Inu
The 30-Nov. candle can be considered a failed breakout attempt.
When prices fail to move up, a retrace is necessary for the bulls to rebuy and reload.
After support is tested again, another challenge of resistance can happen.
Prices are now moving below EMA10/21/50.
Shiba Inu (SHIBUSDT) is now aiming lower.
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Conditions for change
If prices move and close above EMA21 (0.00004501), the bearish bias is invalidated.
Thank you for reading.
Hit LIKE for more trade ideas, Altcoins & updates.
Namaste.
When prices fail to move up, a retrace is necessary for the bulls to rebuy and reload.
After support is tested again, another challenge of resistance can happen.
Prices are now moving below EMA10/21/50.
Shiba Inu (SHIBUSDT) is now aiming lower.
---
Conditions for change
If prices move and close above EMA21 (0.00004501), the bearish bias is invalidated.
Thank you for reading.
Hit LIKE for more trade ideas, Altcoins & updates.
Namaste.
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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.
💥💥💥 90% OFF Available, All PREMIUM Channels (LIFETIME access) 👉 lamatrades.com (Since 2017)
Results:
🥇XRP +2010%
🥇ADA +2216%
🥇TOSHI +1642%
🥇AVA +536%
🥇TRUMP +300%
t.me/anandatrades/971
🏆 More: t.me/alansantana1111/5935
Results:
🥇XRP +2010%
🥇ADA +2216%
🥇TOSHI +1642%
🥇AVA +536%
🥇TRUMP +300%
t.me/anandatrades/971
🏆 More: t.me/alansantana1111/5935
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.