mercury_rising

SHIB flirting with a Breakout

Largo
BINANCE:SHIBUSDT   SHIB / TetherUS
SHIB is looking interesting vs USDT. Price action has been consolidating into a relatively tight range between a flattening Curved Resistance and a Rising Support. Combined with a recent Daily Bullish Divergence and a potential switch of momentum in the indicators, I'm becoming more and more convinced that a sharp breakout is brewing. I'm interested in taking a small position here.

Good Luck.


----------------------------------------------------------------
These are my personal views and not financial advice. Please do your own research before investing.

I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
If you appreciated this analysis, consider Liking or Following. Thanks!

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.