๐ฉ๐ฅSHIB test the weak trendline! Is the breakout soonโ
Hi friends! After yesterday CPI data all the altcoins and Bitcoin make the pullback for 5-10%. In the previous ideas i said that day traders have to be carefull during such events.
ShibaInu also make a pullback to the global trendline for the 2nd time. As you know, the more times a level is tested, the weaker it becomes. Also the price consolidate above the big value $0.0012-0.00126 area and if it`s will be broken, the local dump is really possible.
Now we have all opportunities to open a short trade, if these preconditions will realize:
๐ฅ squeeze to the trendline
๐ฅ the huge SELL wall on DOM and Footprint by the whales
๐ฅ bearish BTC pull all the altcoins down
๐ฉ Pay your attention to the growing volumes at highs! A lot of big sellers sold their SHib to retail traders.
๐ The targets is the closest value area $0.001-0.0011.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ShibaInu also make a pullback to the global trendline for the 2nd time. As you know, the more times a level is tested, the weaker it becomes. Also the price consolidate above the big value $0.0012-0.00126 area and if it`s will be broken, the local dump is really possible.
Now we have all opportunities to open a short trade, if these preconditions will realize:
๐ฅ squeeze to the trendline
๐ฅ the huge SELL wall on DOM and Footprint by the whales
๐ฅ bearish BTC pull all the altcoins down
๐ฉ Pay your attention to the growing volumes at highs! A lot of big sellers sold their SHib to retail traders.
๐ The targets is the closest value area $0.001-0.0011.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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๐ bit.ly/vip_bikotrading
๐ทTelegram ๐ t.me/+ICrmLIneDmRiYjIy
๐ทYouTube ๐ bit.ly/YouTube__Lessons
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