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jpbrown1023

SHIB - Turning Bullish on the Daily, Great Long Entry

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SHIB / TetherUS (BINANCE:SHIBUSDT)  
jpbrown1023  
BINANCE:SHIBUSDT   SHIB / TetherUS
Trend Analysis Chart Patterns Technical Indicators shibainu shiba SHIBUSDT shibusd shibacoin shibarmy shibausd shib
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trendanalysis chartpattern indicator shibainu shiba shibusdt shibusd shibacoin shibarmy shibausd shib
I like this long entry here. Looking at the daily chart, you can see that the price has fallen over 90% from its all-time high and is finding support from 2021 resistance levels. The daily MACD has turned bullish and crossed the zero-line. Given the large retracement and strong demand zone here, I think this is a good risk reward entry. I'm long here, but if you want to be extra cautious, buy the breakout.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.