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When looking at SHIB/USDT on the 4hr TF we can see it trading in a very tight triangle. With the market ultimately moving with BTC this can go in either direction. A breakout in either direction, beyond the trendlines shown, should let you know if you should be entering a long or short position. Keep an eye out for a breakout and a retest before making any final decisions. If entering a trade don't forget to use a stop-loss. Don't trade with what you're not willing to lose.
Love it or hate it, hit that thumbs up and comment. It'll be greatly appreciated!
This is not financial advice.
Safe Trading. Calculate Your Risk/Reward & Collect!
Simplicity Wins (
When looking at SHIB/USDT on the 4hr TF we can see it trading in a very tight triangle. With the market ultimately moving with BTC this can go in either direction. A breakout in either direction, beyond the trendlines shown, should let you know if you should be entering a long or short position. Keep an eye out for a breakout and a retest before making any final decisions. If entering a trade don't forget to use a stop-loss. Don't trade with what you're not willing to lose.
Love it or hate it, hit that thumbs up and comment. It'll be greatly appreciated!
This is not financial advice.
Safe Trading. Calculate Your Risk/Reward & Collect!
Simplicity Wins (
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.