. On the price charts, the bears have forced a decent drop and further losses could arrive over the next week.The daily timeframe showed the market to take a bullish turn in July and especially August. In July the price formed higher lows, but August saw SHIB break decisively past the $0.00001313 resistance.
Therefore there was a good confluence between the Fibonacci retracement levels and the bearish order block, as both will oppose a SHIB move past $0.0000131.
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