Shiba Inu (SHIB): Possible Quick Fill of CME & Downward Move
SHIB / Tether PERPETUAL FUTURES MEXC:SHIBUSDT.P
SHIB has recently broken the 200EMA line and is currently retesting that area. Now, the 200EMA has been a strong downtrend holder for a very long time on SHIB (if we look at a wider chart).
With the recent fakeout above that EMA, we expect the price to continue that decline but before that, we might fill the CME gap like we did the last time so eyes on it.
If all plays out well, we should see a good BOS or just a quick fill of CME and liquidity hunting to lower zones.
Swallow Academy
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