![Short-term Shiba Inu [SHIB] investors should be cautious because…](https://i.headtopics.com/images/2022/12/7/cryptoamb/short-term-shiba-inu-shib-investors-should-be-caut-short-term-shiba-inu-shib-investors-should-be-caut-1600528815641567235.webp)
Short-term ShibaInu [SHIB] investors should be cautious because...
The market structure was neutral, but SHIB could drop $0.000000920.Shiba Ibu lost 8% of gains made on 5 December after a price correction wiped it all. At press time, it was trading at $0.000000931 and showed a mild bullish momentum on the lower timeframe charts .
On the other hand, on-chain metrics painted a bearish outlook that could see SHIB drop to $0.000000920 or lower before bouncing back.Source: SHIB/USDT on TradingView At the time of publication, the mild bullish momentum on the 3-hour chart could not be sustained. In particular, the Directional Movement Indicator showed that the red line and green line are below 25. Therefore the market is not leaning in any specific direction but is neutral.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Aggressive XRP traders looking for short-term profits can turn to these levelsDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The short-term market structure was bearish for XRP The indicators showed sellers had the upper hand, but only by a small margin XRP fell beneath a bullish order block and flipped it to a bearish […]
Read more »
Why Aave’s bearish bias could perplex traders looking to go shortDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Aave has a bullish structure on the 12-hour chart The presence of the breaker and the FVG could serve to trap bulls, hence caution was extra important Bitcoin rallied slightly in the past few […]
Read more »
Kirstie Alley, Emmy-winning Cheers star, dies at 71 after short cancer battleEmmy-winning actress died of cancer that was only recently discovered, her children True and Lillie Parker said in a post on Twitter
Read more »
![Why Hedera [HBAR] remains a long-term bet as per this executive and these metrics](https://i.headtopics.com/images/2022/12/6/cryptoamb/why-hedera-hbar-remains-a-long-term-bet-as-per-thi-why-hedera-hbar-remains-a-long-term-bet-as-per-thi-1600061232941244417.webp?w=640)
Why Hedera [HBAR] remains a long-term bet as per this executive and these metricsHedera exec expressed optimism about the network’s future HBAR’s short-term performance may remain in limbo despite more favorable long-term outlook Hedera [HBAR] delivered a rather unenthusiastic performance in the second half of 2022, so much that it shattered any expectations of short-term upside. While this might be discouraging for HBAR holders, the latest update still […]
Read more »
Neymar lookalike causes havoc in Qatar during World CupWhile one Neymar was about to make his return at the World Cup, another was going home after a short — and tumultuous — stint in Qatar.
Read more »
Mask requirement put into place for Hamilton school board but students and staff will have 'unrestricted option to opt-out'A public school board in Hamilton will require that all students and staff wear marsks but the policy stops well short of an outright mandate.
Read more »