DU09

SHIB/USD - Breakout to All-Time High. Can we break it?

Long
BINANCE:SHIBUSDT   SHIB / TetherUS
Nice impulse from SHIB in less than 4 hours. However, can it pass the ATH. That is the real challenge.

A sharp rejection will likely push us back to support. Do not FOMO now... as it is too late. The entry was at the breakout of the blue descending triangle.

Bias is bullish short term, price at current levels needs to be sustained otherwise bears may take control soon.

Like and follow if you liked this idea!

📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰

🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha

Likes and follows appreciated! 🚀
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.