ATTENTION on SHIB a lot of energy possible breakout.
Hello everyone, let's look at the ratio of SHIB to USDT in the 4H range. As you can see, the price is moving in an uptrend channel marked with blue lines.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.00002534, if the support breaks down, the next one is $ 0.00002425 the next support at $ 0.00002269.
Now let's move from the resistance line as you can see, the first resistance is $ 0.00002591, if you can break it, the next resistance will be $ 0.00002690, another one is $ 0.00002829 and the next one is $ 0.00003001.
It is worth paying attention to the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy, so we can expect more traffic in the coming hours.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.00002534, if the support breaks down, the next one is $ 0.00002425 the next support at $ 0.00002269.
Now let's move from the resistance line as you can see, the first resistance is $ 0.00002591, if you can break it, the next resistance will be $ 0.00002690, another one is $ 0.00002829 and the next one is $ 0.00003001.
It is worth paying attention to the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy, so we can expect more traffic in the coming hours.
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.