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.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.