SHIBUSDT Shiba is know to make big increases in short periods of time... that's why we love it!
The tricky thing about SHIBA is that the pumps can be unpredictable so the best way to ensure a position is to buy as low as possible to the ideal buy zone.
In the weekly timeframe, the technical indicators are not quite bullish yet. The moving averages is still above the price, meaning the bulls have yet to take full control of the price in lower timeframes.
The same can be said for the daily, although we are seeing progress as the 200d moving averages have been reclaimed:
Trade active
TP Zones, near and longer term:Trade closed: stop reached
Shib is correcting lower to find more support before increasing additionally:
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Related publications
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.
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Related publications
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.