SHIB is ready for recoveryRemember the addage "the longer the base, the bigger the boost?"
SHIB and other cryptos have fallen along with tech and now tech is making a return
NVDA is seeing new investment and we appear to be seeing a recovery in cryptos
there's been a long flat base for the last 4 months and a doji on the monthly indicating a reversal
Shiba
SHIB - Short on the news. Another tryReasons to take short:
⭐️ CPI released today
⭐️ Couldn't update high
⭐️ Volume at top
⭐️ Engulfing candle at high
⭐️ 52 days
⭐️ 3rd touch
⭐️ 50 ATR
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
SHIB - Woof-Woof! Bounce from trendlineReasons to take long:
⭐️ BTC 70 ATR
⭐️ Big volume at bottom
⭐️ Trendline is clearly seen on daily timeframe
⭐️ Impulsive movement
⭐️ 105 ATR
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
SHIBA | Getting Ready for a Massive Breakout..!!
#SHIBA (update)
Forming Massive Descending Channel in daily timeframe.
So far Looks Extremely bullish & ready for a Massive breakout.
In Case of Breakout, Expecting +200-240% Bullish Rally in Coming Days.
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SHIBUSDT, in trade range zone and accumulationHello my friend, Everything is clear on the chart for you like always. Shib in trade range and accumulation for now. it's better to monitor the volume of transactions and any break to enter.
Good luck.
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