Technical analysis by Samer_Krema about Symbol SHIB on 5/17/2021

Samer_Krema
تحليل متوسط إلى قصير المدى لرمز SHIBA INU / USD

First scenario: As shown in the chart above, the price is trying to test the 0.00002379 level, which until now is considered somewhat distant because the price is looking for upward momentum from one of these two levels 0.00001638 / 0.00001527 so that it can break free and test the 0.00002379 price level comfortably and begin striving to reach the strong resistance level, which is represented by the price range between 0.00002493 and 0.00002933, and from this range the price will search for a support level, which is likely to be at the price of 0.00002500, to give it enough momentum to complete its rise to the levels: - 0.00003397 - 0.00003602 - 0.00003989 - 0.00004642 Second scenario: If the price succeeds in breaching the support level 0.00001238, then the support level will be at: - 0.00000592 - 0.00000192 One of these two levels will be enough to return the price to the 0.00001000 area as a correction initially, and if the support is strong enough, the rise will end at this support, starting an interesting upward journey. And God knows best.