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First of all, I do not have any trades or investments in this pair, I just wanted to post an update because I shared it before. Those interested can check the post area for the latest analysis. Let's take a look at what has happened based on the last analysis :)
In my last analysis on the Shıb side, I mentioned that with the price gaining equal peaks, I indicated that the region where the price could be tested would be the 25 region. The price reacted at an average level of 0.0246 and I mentioned that it would be a short-term reaction of the 23 region. The price lingered there, but unfortunately, it fell without being left to its fate with the market's withdrawal.
I mentioned the emphasis on the liquidity and the 20 cent zone as the support zone, and the price managed to leave a wick on the 195 zones and rise above the 20 zone. Personally, if I had an alarm, I would take profit from these levels and set a stop loss for entry, but for now, I am waiting for the short-term support zone at 0.02050. If there is a rebound from that zone, I want to create a position setup. The short-term resistance zone seems to be around 22, but I think the area that really needs to be won is around 24, closing above that level will not upset the parity. If the market is delayed and there is a possible deeper drop, the area I will look at for spot will be around 17. For now, I think it is necessary to follow eth and btc, their possible bottom scenario will keep us more positive :)
Not investment advice!!!
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