๐จ Between fear and greed... Is the upcoming explosion of SHELL currency close? ๐ฅ๐ฃ
The currency is now in a dangerous tension zone within a symmetrical triangle pattern (Pennant), after a strong upward wave ๐ฅ. This pattern usually indicates an impending violent movement โ but the direction remains ambiguous ๐.
๐ Pivot levels:
Resistance: 0.123 โ๏ธ
Support: 0.114 ๐ก๏ธ
EMA99 Indicator: at 0.1148 (critical support ๐)
RSI Indicator: around 40โฆ the calm before the storm โก
๐ In case of an upward breakout:
First target 0.130 ๐ฏ โ and extended target 0.140 ๐
๐ In case of a downward breakout:
Likely target 0.106 โ ๏ธ
๐ก Expert advice: Do not enter before confirming the breakout with strong trading volume, as the market is now playing on the strings of fear and greed!
๐ค Are you with the upward explosion or the upcoming crash? Share your opinion with me ๐
#SHELLAnalysis #SHELL๐๐๐ #BinanceLiveFutures #BinanceHODLerMorpho #BinanceAcademy $SHELL
The currency is now in a dangerous tension zone within a symmetrical triangle pattern (Pennant), after a strong upward wave ๐ฅ. This pattern usually indicates an impending violent movement โ but the direction remains ambiguous ๐.
๐ Pivot levels:
Resistance: 0.123 โ๏ธ
Support: 0.114 ๐ก๏ธ
EMA99 Indicator: at 0.1148 (critical support ๐)
RSI Indicator: around 40โฆ the calm before the storm โก
๐ In case of an upward breakout:
First target 0.130 ๐ฏ โ and extended target 0.140 ๐
๐ In case of a downward breakout:
Likely target 0.106 โ ๏ธ
๐ก Expert advice: Do not enter before confirming the breakout with strong trading volume, as the market is now playing on the strings of fear and greed!
๐ค Are you with the upward explosion or the upcoming crash? Share your opinion with me ๐
#SHELLAnalysis #SHELL๐๐๐ #BinanceLiveFutures #BinanceHODLerMorpho #BinanceAcademy $SHELL