SHIB - Around Support Again ❗️
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
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
Trading Made Simple; and Rule-Based
RichTL.com
Instagram
instagram.com/richthesignalyst
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t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
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