Hello!
Here is Shiba on 4h timeframe.
I truly believe the sell will be strong here, especially after breaking this yellow trendline.
RSI is showing a bearish divergence and MACD is crossing the signal line.
Up to 40% profit for a TP around 0.618 fib in my opinion.
This is not an investment advice, just sharing my thoughts.
Good luck everyone!
Here is Shiba on 4h timeframe.
I truly believe the sell will be strong here, especially after breaking this yellow trendline.
RSI is showing a bearish divergence and MACD is crossing the signal line.
Up to 40% profit for a TP around 0.618 fib in my opinion.
This is not an investment advice, just sharing my thoughts.
Good luck everyone!
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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.