Bullish Pattern
Watching the break of the Resistance Trend Line.
Stoch RSI on the 3 Hr chart has a Bullish Divergence
Golden Pocket is up at 7077, and further push of price up could
bring SHiB up to 7878 @ 78.6% Fib.
A continuation of a drop in price could bring SHiB back down to
re-test the 4131 level.
Bear Market structure breach at 4931 could reverse the trend, although SHiB
must maintain a position above the 50EMA (Green EMA)
Currently, SHiB is sitting on the 200EMA (Red EMA), and could find support there, otherwise it's
down to the 300EMA (White EMA)
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
Watching the break of the Resistance Trend Line.
Stoch RSI on the 3 Hr chart has a Bullish Divergence
Golden Pocket is up at 7077, and further push of price up could
bring SHiB up to 7878 @ 78.6% Fib.
A continuation of a drop in price could bring SHiB back down to
re-test the 4131 level.
Bear Market structure breach at 4931 could reverse the trend, although SHiB
must maintain a position above the 50EMA (Green EMA)
Currently, SHiB is sitting on the 200EMA (Red EMA), and could find support there, otherwise it's
down to the 300EMA (White EMA)
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
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