I'm expecting a continuation in SHIBUSD's run. As shown we have an ascending triangle which is indicative of a continuation. With about a 2:1 reward to risk ratio. RSI seems to be playing off of just below 50 for previous longs. I expect RSI to dip to or below 50 after a possible additional bounce off the bottom of the triangle where the 21 ema will also coincide. Looking for a close above the top of the triangle on the hour chart. Please comment and let me know if you agree or disagree or have questions.
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.