Lingrid | SHIBUSDT potential BULLISH Momentum is Building
1079
The price has perfectly fulfilled my previous forecast. SHIBUSDT market has broken through the range zone, initiating an impulse move and subsequently forming a new range zone in the shape of a triangle pattern. This squeeze suggests that an expansion is imminent. Currently, I think the market is in the accumulation phase around the level of 0.000015. We observed a significant long-tailed bar that rejected the support level, which indicates a strong buying zone. I anticipate that the market to pull back towards this support level before moving upward, provided we see a buy confirmation. My goal is resistance zone around 0.00001970
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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.
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.