SHIBA CAN BOUNCE FROM STRONG SUPPORT LEVEL BY VOLUME PROFILE

Started by OZER, Jan 09, 2022, 04:15 PM

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If you use profile volume indicator, you can see a strong support level at 2850.

Now price trades at this support level which also coincide with previous accumulation before big pump.

Also, if you will draw a Fibonacci Levels you can see that price can make pullback to levels in area 0.382 (5000) and 0.618 (6500)

I'm personally expecting soon recovery of all market and SHIB will make huge pullback and can reach these levels.

And after this upward impulse as wave B I think all market can fall and in last correction wave C shiba can reach previous strong support zone in area 500-1200.

So be ready to take your profit.
All content is for education purpose only, not financial advices.

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