SHIB hugging resistance can EXPLODEApologies for the lack of sound first 8seconds of this video
SHIB hugging the 100ma here on the hourly can be a cooker pressure on price
If price can break and hold above that average there can be volatility away from it as a breakout. Our START v3.5 tool helps manage trading that breakout in terms of exit managing potential losses to give clarity for yourself.
DXY is on the edge tho
If DXY does breakout of its own range then it can foil any altcoin setup you may be looking at. Not a holy golden rule but a lot of evidence to show an inverse relationship between DXY and crypto market. So a true breakout by DXY here stands to reason that similar result can occur (bar exceptions).
DXY can fail
If DXY fails this breakout then its game on a little longer for this move both in bitcoin crypto and the overall traditional markets.
Keep an eye out for changing data.
Shibaud
SHIB on its breakout! DONT SAY I DIDNT WARN YOU!I'm thinking this is the actual breakout we've been waiting on. SHIB looks like it might finally be breaking out and breaking out to the upside for good.. We're not out of the woods yet though, we need to break above this 1775 level I have marked and close a 30 min candle above it then we will be 100% but all the indicators are pointing that direction as you can see marked by the yellow arrows. Dont say I didnt warn you when it shoots clear up past the top take profit labeled here and eats another zero. If you haven't looked at how much volume SHIB is doing look it up now. Once this thing pops its going to be like a train , there wont be any stopping it. So my suggestion (NOT financial advice DYOR) is to get on the train BEFORE it leaves the station! GOOD LUCK ! CHEERZ!