FieryTrading

🔥 SHIBA Bear Flag: Volatility Expected

FieryTrading تم تحديثه   
BINANCE:SHIBUSDT   SHIB / TetherUS
Since yesterday's massive sell-off, SHIBA has been following a clear triangular pattern, also known as a flag. Since the pattern appears during a bearish trend, it's a bear flag.

Consolidation patterns, like this flag pattern, often result in a volatile move once the pattern is complete. Since this is a bearish continuation pattern, statistically a bearish break out would be more likely.

However, the current dip is being bought up very quickly, so I wouldn't be surprised if SHIBA made a bullish move withing the next couple of hours.

In case of a bullish break out, wait for the price to close above the yellow dotted line before entering. Same goes for bearish, but on the other side of the pattern.

Targets placed at recent local tops and bottoms.

Happy trading!
تعليق:
Both targets hit, trade was a success.

🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Monster Signals: t.me/monster_cryptosignals

🔥Premium Signals: www.fierytrading.com
إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.