Heres a couple of options for SHIB longs.
Looking at it, there looks to be a bear flag formation on the LTF, so expecting another leg down, into these buy zones.
I really like the option 2, maybe because it is sitting lower and therefore might carry less risk, but at the same time, could not hit at all.
Maybe need to wait for confirmation see how things respond to these levels.
Option 1 aligns with the 0.618 of the recent leg up.
Looking at it, there looks to be a bear flag formation on the LTF, so expecting another leg down, into these buy zones.
I really like the option 2, maybe because it is sitting lower and therefore might carry less risk, but at the same time, could not hit at all.
Maybe need to wait for confirmation see how things respond to these levels.
Option 1 aligns with the 0.618 of the recent leg up.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.