Good morning to all traders,
today we are talking about
SHIBUSDT
.
The chart is clear, impulse and correction followed by a descending triangle and in the simplest way possible I will deal with this asset; the breaking of the triangle upwards has been a fakeout and now the trading remains below the minimum level of the previous ones thus mirroring the chart.
The daily closing plus a confirmation above the white line for me is a long entry, otherwise I will wait for the trading to compress in the box drawn on the chart.
Don't FOMO and don't overleverage this! ⚠️
today we are talking about
SHIBUSDT
. The chart is clear, impulse and correction followed by a descending triangle and in the simplest way possible I will deal with this asset; the breaking of the triangle upwards has been a fakeout and now the trading remains below the minimum level of the previous ones thus mirroring the chart.
The daily closing plus a confirmation above the white line for me is a long entry, otherwise I will wait for the trading to compress in the box drawn on the chart.
Don't FOMO and don't overleverage this! ⚠️
