Shiba Inu / Tether US

SHIB - Around Support Again ❗️

1 761
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

SHIB is now sitting around 0.08 support in blue.

🏹 For the bulls to take over short-term, we need a break above the last major high from H4 highlighted in orange.

🏹 And for the bulls to take over from a long-term perspective, we need a daily close above 0.000012 resistance.

📉 If we break below 0.0000097, we will be expecting further bearish movement.

Which scenario do you think is more likely to happen first? and why?

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.