Lingrid

Lingrid | SHIBUSDT Accumulation and Distribution

Long
BINANCE:SHIBUSDT   SHIB / TetherUS
SHIBUSDT broke through the range zone, making an impulse move. It formed another range zone in the shape of the triangle pattern. The market is squeezed. I think the market is in the accumulation phase above the round number at 0.00002000. We saw a massive, long-tailed bar rejecting the support level, which is the big buy zone. I expect the market to make a deeper pullback toward the support level, then move upward if the market presents a buy confirmation. My goal is a resistance zone at 0.00002500 


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
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.