SHIB currently testing trendline, found support on 20 day EMA. If SHIB breaks below the trend then next strong support would be 50 day EMA at .000024. Pretty sure we will bounce but if it doesn't then I will add more at .000024.
SHIB just broke through last local high, if it holds above .00003 and flips S/R there is a good change for SHIB to retest the 0.000031 and .000034 resistances. If it fails to hold then strong supports would be .000025 and .000021. I believe that SHIB will flip S/R and make a push towards the next resistance. Any drop below 0.000025 would invalidate this idea. If...
Idea is invalidated if PA breaks 20 and 50 day EMA. Stop loss set at 100 day MA. Breakout from bearish RSI divergence would confirm pump to the upside.
