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Shibusdtanalysis

SHIB Shiba Inu Technical Analysis PLUS Risk Management ConceptsIn this video, we analyse a potential trade idea for Shiba Inu. We delve into the trend, examine price action, evaluate market structure, and identify a potential entry point based on favourable conditions outlined in the video. Additionally, I discuss my risk management strategy. Traders who lack a robust risk management plan expose themselves to high risk and often have negative trading experiences. It's crucial to incorporate sound risk management into your strategy, as we emphasize in the video. As always, please note that this information is strictly for educational purposes and should not be construed as financial advice.
Short
by tradingwithanthony
2
SHIB (Shiba Inu) Technical Analysis#SHIB has decisively broken out of its extended sideways consolidation, signaling a strong bullish shift. This analysis examines how to capitalize on this momentum by employing price action strategies in the context of the current range breakout. We'll focus on reading price action to identify opportune entry points. Be mindful of expected volatility, and prioritize rigorous risk management practices. Disclaimer: This analysis serves as a technical perspective and should not be interpreted as direct financial advice. Cryptocurrencies carry inherent risks. Always seek guidance from a qualified financial professional and thoroughly assess your individual risk profile before any investment decisions.
Long
by tradingwithanthony
1
SHIB (Shiba Inu) Technical Analysis & Trade Idea (video)Further to my previous post I thought I would do a video to explain my thought process behind the trade idea. SHIBA INU has been experiencing significant selling pressure, compromising its previous bullish trend and indicating a potential reversal. The 50% Fibonacci retracement level presents a logical entry point for a short position. As the market seeks liquidity, price action could target previous swing lows. Consider initiating a short position on #SHIB at the 50% Fibonacci retracement level with targets at previous swing lows, employing a strict stop-loss above the recent swing high. Important Disclaimer: This analysis serves as a technical perspective and should not be treated as direct financial advice. Conduct your own thorough due diligence and implement sound risk management strategies before executing any trades.
Short
by tradingwithanthony
SHIBA INU Technical Analysis and Trade Idea SHIBDelving into the dynamics of Shiba Inu, this video offers a keen analysis. While recent trends have favored a bullish run, the current scenario unveils a pivotal moment as SHIB encounters a significant resistance level. Throughout our discussion, we dissect the prevailing trend, intricate price actions, market structures, and explore potential trade concepts. It's paramount to clarify that this video serves an educational purpose solely. Its insights are not intended as financial advice but rather as a guide through the intricacies of market analysis and trade strategies.
Long
by tradingwithanthony
SHIBA INU Technical Analysis And Trade Idea SHIBWelcome to our SHIBA INU Technical Analysis and Trade Idea. In this video we dive deep into the SHIB/USDT pair, focusing on the prevailing bullish sentiment found in the weekly (1W) and daily (1D) timeframes. Notably, our charts signal that SHIB is currently on the verge of a crucial support level, a pivotal turning point for this digital asset. Throughout this discussion, we'll explore the fundamental tenets of technical analysis, encompassing vital aspects such as analyzing the ongoing market trend, price dynamics, market structure, and other critical elements of technical analysis. As we progress through this analysis, we'll meticulously examine a potential trading opportunity within the SHIBA cryptocurrency. It's essential to underscore that the insights we share in this presentation are intended solely for educational purposes and should not be construed as financial advice. Participating in the foreign exchange market and cryptocurrency trading carries a significant level of risk. Therefore, it is imperative to prudently incorporate robust risk management strategies into your trading plan to effectively navigate these challenges.
Long
by tradingwithanthony
3