February 08, 2024 at 02:52AM SHIB BREAKING OUT?

SHIB BREAKING OUT?

SHIB / TetherUS BINANCE:SHIBUSDT

ScottMelker

I know, memecoin. But the chart is the chart, and I had a great trade from the range lows in the 700s up to around 1100 at the range EQ. As I have shared before, price dropped from there and has formed a descending resistance, which is now being tested. My alarm went off, which means it is time to pay attention.

This breakout would look a lot better on convincing volume with more candle spread by the end of the day. If we do get a candle close above descending resistance, the target is once again around 1150 at the EQ. We can discuss higher if we get there.

How SEI, TIA Price Will React as Leading Platform Enables Staking - BeInCrypto DreadKong.com #Personal #Finance #APY #Staking #Compound #Interest #Protocol #Entrepreneurship📉🦍📈

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February 07, 2024 at 04:40AM #1000SHIBUSDT dominance of sellers!

#1000SHIBUSDT dominance of sellers!

1000SHIB / TetherUS PERPETUAL CONTRACT BINANCE:1000SHIBUSDT.P

CScalp_EN

SHORT #1000SHIBUSDT

1h TF. The instrument has formed a local downtrend with impulsive bearish candlesticks, indicating the predominance of sellers in this case. And the local level of support is confirmed by a lot of touches, indicating the accumulation of unrealized liquidity that participants are striving for.

As an input signal, I expect to see a smooth approach with trading near the level, an increase in activity and volumes before the breakdown.