It's an uptrend overall but I think time to get short on 1H ... Because it's broke the ema 50 and it changed pivot points structure and it maked head and shoulder's at the top of the uptrend ... For the entry it confirmed by break the neckline and re-test it
I think this is an opportunity to get short on 1H ( risk to reward: 3 ) But I recommend to hold BTC for a long time 🙌🏻 It's based on classic support and resistant ... The main reason I get short position is head and shoulder's appeared on the top and also on 1H it shows divergence on RSI
Unfortunately my previous analyze on SHIB/USDT was failed . new setup : buy limit = bottom of the channel ( there are a lot of support there )
hello this is my first idea on trading view I'm glad to read your suggestions to improve my ideas My idea about Shib/Usdt : there are two channels here in 4h, although I prefer the blue one I think it would be touch the bottom of the blue channel (+ strong support zone) and then start a bullish trend entry price : 0.00006000 stop loss : 0.00005502 take profit :...