CromaticMelody

SHIBA INU Moment

CromaticMelody Updated   
KUCOIN:SHIBUSDT   SHIBA INU / Tether
Important moment for SHIBA INU. Shiba inu price between MA 450 (resistence) and MA 200 (support), if it breaks out it could be a good moment to open a long position.
If it breaks down open a short position but be careful to the volume.
Do not open positions before the breakout or breakdown

Comment:
SHIBA INU played a fake brakeout (no volume sustain)
Order cancelled:
Breakdown during the "tornado" zone, indeed the price is still falling down. Looking for new entry points.
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.