Lingrid | SHIBUSDT Accumulation and DistributionBINANCE:SHIBUSDT broke through the range zone, making an impulse move. It formed another range zone in the shape of the triangle pattern. The market is squeezed. I think the market is in the accumulation phase above the round number at 0.00002000. We saw a massive, long-tailed bar rejecting the support level, which is the big buy zone. I expect the market to make a deeper pullback toward the support level, then move upward if the market presents a buy confirmation. My goal is a resistance zone at 0.00002500
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻