Shiba Inu Mixed Signals, Support & Resistance Levels Analysis

2021年10月30日

SHIBUSDT (Shina Inu) is showing some mixed signals.

We have multiple resistance in play right now.

After a strong bullish wave, it is normal to see corrections take place.

Currently, prices are moving below EMA10 which is a bearish signal.
The indicators are in the bullish zone but trending lower.

This type of action can easily lead to a test of support before any additional bullish action.

The main support range on a drop is set around 0.00005600 - 0.00006300:

For a bullish continuation, the 0.00008800 - 0.00009500 resistance zone needs to be cleared first.

Leave a comment with your questions.

Thank you for reading.

Namaste.

2021年10月31日

註釋

It has entered our support range.

New analysis?
Let me know in the comments.

2021年11月1日

註釋

SHIBUSDT bullish breakout now taking place.
Heading back towards resistance (up).