Lingrid | SHIBUSDT long from the SUPPORT zone

3 thg 6

The price perfectly fulfilled my previous idea. The market went up and hit the target level. SHIBUSDT has been trading within a range zone, before breaking out to the upside and subsequently pulling back. This price action has formed a triangle pattern, with the price now testing the boundary of the shape. As the price approaches the support levels, it's consolidating around the swap zone. I believe the market is likely to shift upward if it successfully rejects the swap level and breaks above it. Meanwhile, I expect the price to continue its upward momentum from the ascending trendline, which has been guiding the movement. My target is resistance at 0.00002800

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻