• October 31, 2024, 11:28 am
• October 31, 2024, 8:28 am
Thursday, October 31, 2024
October 31, 2024 at 05:33AM Shiba Inu Update: Including 5X Short
Shiba Inu Update: Including 5X Short
SHIB / TetherUS BINANCE:SHIBUSDT
Here we have a trading range. Our main target is 0.00001245, as part of this range, but prices can go lower on a strong drop.
There was a peak in mid-July.
There is another peak in September.
The September peak is being used as the top of the trading range. Challenging this level led to the first drop. After this drop we have a small bounce and currently lower high.
Interesting part and supporting bearish signal, the peak 29-October, the lower high vs September, trades lower than the mid-July peak. This strengthen the bearish case and further supports this pair moving lower.
If SHIBUSDT moves and closes above 0.00002017, the bulls become stronger. If it crosses 0.00002173, it moves out of our trading range. While the bearish bias would be valid long-term, short-term it becomes nullify. As the chart is looking now, the bearish potential remains strong and intact.
There is also really low volume recently. Based on this information, I am still bearish and expect lower prices.
It might be the last chance to enter the Short before Shiba Inu (SHIBUSDT) moves ahead. The price is within entry level, the lowest entry; but remember, market conditions can always change.
✴️ Shiba Inu Trading Range, Medium-Risk 5X SHORT—172% Potential
This is not financial advice.
Thank you for reading.
Namaste.
Wednesday, October 30, 2024
October 30, 2024 at 08:41AM 1000SHIBUSDT / LONG / M15
1000SHIBUSDT / LONG / M15
1000SHIB / TetherUS PERPETUAL CONTRACT BINANCE:1000SHIBUSDT.P
1000SHIBUSDT may rise from the Bullish Order Block
Bullish Order Block: 0.18288 and 0.18141
1000SHIBUSDT has potential for an upward move from the bullish order block, with high probability of profitability based on the analysis. I used Smart Money Concepts (SMC) to review the charts, which suggest a promising rise from this level. Let’s see how the price reacts!
1000SHIBUSDT / LONG / M15
LEVERAGE :- 75X
Entry Price :- 0.018304
Take Profit :- 0.018953
Stop Loss :- 0.017654
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