Shiba Inu (SHIB) technical analysis:
Trade setup: Following a bullish breakout from Falling Wedge and above 200-day moving average, price entered an Uptrend again. Pullback near $0.000012 support could be a swing entry opportunity in uptrend.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance: Nearest Support Zone is $0.000012 (previous resistance), then $0.000010. The nearest Resistance Zone is $0.000015, then $0.0000180.
Trade setup: Following a bullish breakout from Falling Wedge and above 200-day moving average, price entered an Uptrend again. Pullback near $0.000012 support could be a swing entry opportunity in uptrend.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance: Nearest Support Zone is $0.000012 (previous resistance), then $0.000010. The nearest Resistance Zone is $0.000015, then $0.0000180.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.