Hello everyone,
Let’s take a look at the 4H SHIB / USDT chart.
Let’s start by marking the trend line with a blue line.
Now let’s move on to marking the support line in purple and we can see that the first support is at $ 0.00002239, the next is at $ 0.00002095, and the next is at $ 0.00001703.
Now it is worth marking the places of resistance in red. And we can see that the first resistance will appear at $ 0.00002420, while when it breaks, the next resistance will appear at $ 0.00002625 and $ 0.00002801.
It is worth paying attention to the CHOP indicator , which shows that despite the decrease in energy, we still have enough energy for the next move. move.