SHIBA/USDT Potential Reversal or Trend Continuation
The price is in a downtrend where it has reached a strong zone and made a rebound. Now, the price could move in the direction of buying without returning to our zone. However, if the price approaches our zone again, it improves the entry point for our trade. On the other hand, if the price breaks through our support, we can expect the continuation of the selling trend with appropriate market confirmation.
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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.