• December 10, 2024, 10:28 am
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Tuesday, December 10, 2024
Monday, December 9, 2024
December 09, 2024 at 06:56AM SHIB/USD Trendline Breakout
SHIB/USD Trendline Breakout
SHIB / TetherUS BINANCE:SHIBUSDT
SHIB/USD is showing signs of a trendline breakout above the resistance level at **0.00003997**. A confirmed breakout and sustained price action above this level could trigger an upward rally.
Entry: Above 0.00003997 in weekly candle
Stop Loss:Place below the breakout candle or trendline (depending on your risk tolerance).
Targets:
First Target (T1):0.00005216
Second Target (T2):0.00006705
Final Target (T3): 0.00008697
Key Notes
- Ensure proper risk management as cryptocurrency markets are volatile.
- Look for volume confirmation to validate the breakout.
- Monitor for potential retests of the breakout level for added entry opportunities.
Would you like any chart or graphical representation of this analysis?
December 09, 2024 at 02:29AM SHIB-USDT. Has it much more bite in it's bark- Alt special
SHIB-USDT. Has it much more bite in it's bark- Alt special
SHIB / TetherUS BINANCE:SHIBUSDT
SHIB is looking to break from resistance so trade on breakout with volume. The Fib on SHIB is set so TP's are marked on the chart in green in the side bar. Support is at trendline-bottom. Let's ask for a good return on initial when doubled and let it run. All the best
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