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angela_altair
Mar 21, 2023 8:24 PM

SHIBUSDT may pull back after a good bounce from weekly support Short

SHIB / TetherUSBinance

Description

How about giving this short a chance. It seems the price may want to visit at least the green zone under after such a strong bounce from weekly support. It is a tight call but probability is in our favor though not that strong.

Trade closed: target reached

The price has hit the target zone and even went beyond briefly after trading around the entry zone for longer than expected. However, since the entry point was good, it was comfortable to stay in this trade (though being a short trade) even if it took quite long to hit the target.

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