RSibayan

SHIB - HANGING ON FOR DEAR LIFE AT 2344! What's Happening Next?

COINBASE:SHIBUSD   Shiba Inu
Happy Money Monday, Traders!

Hope you find value from this post.

If you did, pls like and consider following.

Here's a trading idea.

But firstly...

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Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
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SHIB bears captured station 2744.

What's next?

SHIB has a big decision to make today as it sit at a key level at 2344.

SHIB breaking 2344 could bring price down towards the green support bar below @ 2060.

SHIB pushing towards the upside could bring price up towards the Blue Horizontal Resistance Bar @ 2744

MACD (4Hr TF): Bullish Divergence.

Stoch RSI: Huge Upside Potential

Always remember to place your Stop Loss.

Price action is KING!

Patience and Discipline are KEYS to a successful trade.

Trading is both a Science and an Art.
Develop an intuition and listen to your instinct while following the rules putting emotions aside.
If you have not yet developed it, you will develop this as long as you stay consistent with following
the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle.
Soon it will be your subconscious running your trades, again, much like when riding a bicycle
the balancing is controlled by the subconscious part of your brain.

Be PERSISTENT and stay PERSISTENT.

Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView.

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More power to all your trades, my friends!

Ron
Intrepid_Trader
Disclaimer

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