If price action can close on 4 hour multiple times above 61.80% fib (0.00006149), then the move back to previous high is initiated.
But if it fails then the 38.20% fib has been a good support so far. Luckily it didn't close 3x in a row on that line or below it, which would certainly move the price to previous low at 0.00004300.
But first the price needs to break through a trendline (purple) and then close above 61.80% multiple times to move again towards previous high's between resistance zone (0.00008100-8500).
If it has closure 3 times above 0.00008500 price, then SHIB will start it's next move to new ATH's
But if it fails then the 38.20% fib has been a good support so far. Luckily it didn't close 3x in a row on that line or below it, which would certainly move the price to previous low at 0.00004300.
But first the price needs to break through a trendline (purple) and then close above 61.80% multiple times to move again towards previous high's between resistance zone (0.00008100-8500).
If it has closure 3 times above 0.00008500 price, then SHIB will start it's next move to new ATH's
Not
If the next 2 candles at 4h close above 0.00005440 (38.20% line), we should go up to 61.8% fib and if that holds then to 100% line.So far we have 1 candle above 38.20% line in 4H chart. Lets hope it gets 2 friends in next 6hours.
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.
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.