Shift VS Bitcoin Back To Support


Shift has managed to grow substantially during the past 30 days period, rising from btc 0.0001 up to 0.0009, resulting in a 650% growth. Although the wave up was stopped at the 61.8% Fibonacci retracement and now it seems that SHIFT/BTC could be falling back to the previously established support.

The support is near 0.0002 area, which previously has been tested a number of times. While there was a clean rejection of the 50% Fibonacci retracement level at btc 0.00065, now it is more and more likely that Shift will continue losing to Bitcoin.