BINANCE:1000SHIBUSDTPERP   1000SHIB / TetherUS PERPETUAL FUTURES
All Fibonacci retracements and extensions satisfy the Cypher pattern , and I am going short after the upcoming price has surpassed the break-out line. We should also be careful as BTC is still consolidating now, which may affect this pair after substantial price movements. That is also why I recommend that everyone implement trailing stop loss. If CD retrace to 0.786 of the XC swing leg, I'll go long.
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.