SHIB / TetherUS

Will SHIB break out of the downtrend?

548
Hi
Let's look at the situation on SHIB to BTC.
As you can see the latest flag formation and retest ended with an increase in price and we are currently struggling with resistance at 0.00002324USDT. When we manage to break it, the next stop should be at the price of 0.00002498USDT. On the other hand, the support moved to the area of 0.00002718USDT and 0.00002268USDT. We can also observe the point of touching the downtrend line, breaking it can give potential further increases.

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