decenTrader007

SHIBA Is Going To Create New HIGHER HIGH!

Long
BINANCE:SHIBUSDT   SHIB / TetherUS
Shiba inu just created his 3nd Double top.

Everytime Shiba create new HH he create Double Top. (see 15/30m chart)
As we can see this is the 3nd time.

In the last post I showed triangle in RSI and flag in MACD.

MACD give us bear signal.. He just broke the bearish flag and give bear signal.
In the previous time when MACD gave bear signal, it was the retest. Then trend continuation. it will happen again.

Same with RSI. He broke the support trendline, right. BUT it's only for the retest! after price will reach to 0.2108 (marked with circle)
We will see VERY BIG GREEN CANDELS.

I will do long position ONLY after I see clearly candles getting support from the trendline (0.2108$) and enough volume (in 1H chart)

About take profit, I wrote two areas that you can take your profit in safe areas.
I am reccomended to take profit 50% in the first zone, and another 50% in the second zone, to risk less money.

Good luck!

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