Shib hitting twice a 0.000029 level a sign of a strong support level. using my lux algo oscillators to track shib potential bottom and get the best possible entry by using the 9 moving average and trendline.
Spotting the potential bottom and making sure price staying above the 9 moving average and the descending trendline, it is a buy opportunity.
Spotting as well in the algo oscillator are institutions accumulating positions at 0.000030 level, will give us a theory supply will be scarce when news triggers buyers to buy, price will zoom upward.
key to success in this trade is for price to stay above the 9 moving average.
my targets will be 0.00010, 0.00015 and 0.00030
Spotting the potential bottom and making sure price staying above the 9 moving average and the descending trendline, it is a buy opportunity.
Spotting as well in the algo oscillator are institutions accumulating positions at 0.000030 level, will give us a theory supply will be scarce when news triggers buyers to buy, price will zoom upward.
key to success in this trade is for price to stay above the 9 moving average.
my targets will be 0.00010, 0.00015 and 0.00030
Order cancelled
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.