NEARLY READY TO BUY IN UPDATE ON PREVIOUS ANALYSISSHIB/USD 3M - This is an update on the analysis I provided previously, as you can see price has continued to trade us in a bearish way as I predicted in previous analysis.
I want to see this momentum to continue trading us lower, giving us the ability to buy into this crypto at a good price so we can profit well from this token. I will keeping an eye on this now over the course of the next few weeks.
In order for me to have the confirmation to go long and buy more of this crypto I want to see price trade into this area of Demand and deliver us with confirmation that price is in-fact ready to trade higher.
This will come from a BOS to the upside after price has traded into the area of Demand, confirming enough Demand has been introduced to flip the current balance.