SHIBA-DAILY: The price tests the retracement zone! 11-Nov-21

As shown on the daily chart, the price is still within the retracement zone, and retests the dynamic support area around 0.000045. If breakdown fails, we expect the price will bounce back up to retest the next resistance at 0.000088. If breakdown happens, on the other hand we expect the price will fall down to the next support between 0.000039 and 0.000038. The main trend on the daily chart is up. The best places to buy more are around 0.000045, 0.000038 and 0.000031.

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GOOD LUCK