SHIB hugging resistance can EXPLODE

26 Eyl 2023

Apologies for the lack of sound first 8seconds of this video

SHIB hugging the 100ma here on the hourly can be a cooker pressure on price

If price can break and hold above that average there can be volatility away from it as a breakout. Our START v3.5 tool helps manage trading that breakout in terms of exit managing potential losses to give clarity for yourself.

DXY is on the edge tho

If DXY does breakout of its own range then it can foil any altcoin setup you may be looking at. Not a holy golden rule but a lot of evidence to show an inverse relationship between DXY and crypto market. So a true breakout by DXY here stands to reason that similar result can occur (bar exceptions).

DXY can fail

If DXY fails this breakout then its game on a little longer for this move both in bitcoin crypto and the overall traditional markets.

Keep an eye out for changing data.