SHIBUSDT likely to head down to weekly support around 0.00001026
Updated
The price is trading below the daily support currently. Let us try a short here as it seems favorable and target the weekly support zone around 0.00001026.
Trade closed: target reached
So as expected and mentioned in the post, the price headed towards weekly support zone and bounce back strongly just before touching the zone. The bounce led the price to hit daily resistance and it has again retraced back from there. We check the probability of price action in a new post.If you like the content and find value in the posted analysis, please give a like and if you want to get notified about any new idea posted, please follow this account. I also share ideas on twitter, so if you want to tune to that, please check my twitter account: twitter.com/angela_altair
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