Stronger Drop Incoming for Shiba Inu

2 thg 12, 2021

The 30-Nov. candle can be considered a failed breakout attempt.

When prices fail to move up, a retrace is necessary for the bulls to rebuy and reload.

After support is tested again, another challenge of resistance can happen.

Prices are now moving below EMA10/21/50.

Shiba Inu (SHIBUSDT) is now aiming lower.

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Conditions for change
If prices move and close above EMA21 (0.00004501), the bearish bias is invalidated.

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