SHIB is moving in a tight channel between 0.00001414 and 0.00001498 on the bottom of a parallel structure on the day chart, and a bearish breakout can possibly take it out of the channel to the 0.00001290 price range but a bullish breakout can possibly take it to the 0.00001700 price range. Please be careful and watch out for fakeouts.
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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.