• September 5, 2024, 9:28 am
Thursday, September 5, 2024
Wednesday, September 4, 2024
September 04, 2024 at 12:55PM #SHIB/USDT rejecting from the Diagonal Trendline in 1-Hour TF!
#SHIB/USDT rejecting from the Diagonal Trendline in 1-Hour TF!
SHIB / Tether PERPETUAL FUTURES MEXC:SHIBUSDT.P
#SHIB/USDT rejecting from the Diagonal Trendline in 1-Hour TF!
SHIB needs to clear the Trendline to turn bullish. Wait for BO/retest to long it. The local resistance level is PDH $0.0000138.
September 04, 2024 at 08:30AM SHIB USDT - FRACTAL Shows Bullish Impulse Next
SHIB USDT - FRACTAL Shows Bullish Impulse Next
SHIB / TetherUS BINANCE:SHIBUSDT
Many altcoins are currently in Accumulation Phase and/or approaching great buy zones. This is the part of the cycle where there seems to be very little action, and the price moves in a range and sideways.
It's safe to say that we can expect sideways/range trading until BTC moves the market. In a previous update, I mentioned how it is crucial to watch not only BTC, but BTC.D and the TOTAL3 market for the next move:
The good news, is that this makes for an excellent time to BUY back into any market. The lowest risk option here would require some patience though, because the accumulation cycle often lasts month. Luckily - we are already a month in of mostly range trading.
Here's a look at another altcoin that's possible worth buying - RNDR, which is now approaching a great zone to buy-back :
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SHIBUSDT
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