SHIB / TetherUSLong
SHIB - TradingStrategy
Based on the Techincal ToolBox, a trading strategy is devised. Bears seem to be in charge.
Bullish Indications
1. Broken Trendline
2. Bounced from FIb 0.5
3. Bullish AB=CD completed
4. Next Possible Bearish AB=CD formation
5. No Divergence
Plan A
Buy at Current level: 0.00004780
SL: 0.00004580
TP1: 0.00005188
TP2: 0.00005436
Plan B
Sell at 0.00004291
SL: 0.00004375
TP: 0.0003774
Sell at 0.00004578
SL: 0.00004780
TP1: 0.00004375
TP2: 0.00004291
Bullish Indications
1. Broken Trendline
2. Bounced from FIb 0.5
3. Bullish AB=CD completed
4. Next Possible Bearish AB=CD formation
5. No Divergence
Plan A
Buy at Current level: 0.00004780
SL: 0.00004580
TP1: 0.00005188
TP2: 0.00005436
Plan B
Sell at 0.00004291
SL: 0.00004375
TP: 0.0003774
Sell at 0.00004578
SL: 0.00004780
TP1: 0.00004375
TP2: 0.00004291
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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.
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.