SHIBUSDT heading again to tested 4h support
Updated
As mentioned in the last post, the price hit the previous 4h support level and and got rejected from there.
It is likely that it will touch the 4h support region again.
It is likely that it will touch the 4h support region again.
Trade closed: target reached
The price touched the 4h support as depicted in the chart. The price almost followed the arrow on the chart from 4h resistance level at around 0.00001476 to 0.00001407.The idea mentioned in this post materialized and therefore closing it. I will post a new idea about where we might go from here.
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.