My personal view for SHIBA INU and how it would react to the market structure. Possible market behavior and price action. The possible support and resistance based on possible market structure with support and resistance, and trendline. Will add more idea later.
A look on technical analysis foe Leash (Doge Kiler) stand point. We may see some interesting movement in the next couple of weeks if bull can put a pressure and pull a fresh attack on the bear. At the moment, the bear has the upper hand as the price still within their territorial. The price still in the major decending trendline.
Even though only few months old, but the momentum it created within the period has make a "noticeable" appearance. May be it is too early to make any impact in the crypto market, but the way the price move for Tsuka has create some excitement in my view. I will reserve my comment at the moment. As the time progress, I hope to see whether Tsuka will make more...
From the chart, the price is making descending triangle pattern. The market structure also shows that the market still in the bear territory. The price is just above the daily support. I think the price may break it before testing the Breakout - RBS Area. I'll try to look for a position if the price do comes to the area. This is only my personal opinion and...
As it is still in infancy (still few candlestick only as of writing), not much can be said about the TA for BabyDoge. But for sure, there would be an interesting to see where would the market bring it in the near future. If the development team of BabyDoge could come up with something new for the industry, we may see the growth of BabyDoge "exposure" in tandem...