SHIBUSDT | Potential Bearish Pennant
Güncellendi
Disclaimer on,
This is a personal opinion, I am not responsible on your trading results.
Trade with your own risk.
We all know that SHIBA INU has experienced a considerable decline in recent days. Then it strengthened until it touched the 21 EMA area and then weakened again, this strengthening in my opinion is a secondary reaction to the main trend, the bearish trend.
In the formation of the secondary reaction I noticed an unconfirmed Pennant pattern being formed. If this pattern is confirmed with a break of the lower trend line, then the price of SHIBUSDT is predicted to continue to weaken to the level of 0.014xxx.
Follow me for next update
___________
Best regards, riandwip686
This is a personal opinion, I am not responsible on your trading results.
Trade with your own risk.
We all know that SHIBA INU has experienced a considerable decline in recent days. Then it strengthened until it touched the 21 EMA area and then weakened again, this strengthening in my opinion is a secondary reaction to the main trend, the bearish trend.
In the formation of the secondary reaction I noticed an unconfirmed Pennant pattern being formed. If this pattern is confirmed with a break of the lower trend line, then the price of SHIBUSDT is predicted to continue to weaken to the level of 0.014xxx.
Follow me for next update
___________
Best regards, riandwip686
Not
After several time, the price look broke the upper trend line and it's mean that the pennant pattern was fail.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.