SHIBUSDT hit 4h support zone, likely to head to 0.00001268 level

2023年2月27日

The price has hit 4h support zone. I would expect the price to bounce from here and lead us to at least 0.00001268 and probably upto 0.00001276 level. This is again trade against the local trend and that is why the gain as well as the loss possibilities are narrow.

2023年2月27日

註釋

The chart posted in the original post content is not very clean as I forgot to remove MACD indicator taking huge space so posting here a cleaner version.

2023年2月27日

註釋

So the price closed below the 4h support zone. This triggers the close of my long position. The price might push up the support zone but for now this idea is invalidated and position is closed without profit and without loss.