Hello dear traders!
SHIBUSDT is breaking out of a Falling Wedge pattern! This breakout suggests a potential uptrend, and the token could hit key resistance levels on its way up, specifically at 1214, 1480, and 1773.
Now, about the Falling Wedge: it's a pattern on a price chart that typically indicates a reversal or bullish continuation. Imagine a wedge sloping downward, andSHIBUSDT breaking out of it is like a springboard for potential gains.
For safety measures, consider setting a stop loss below 800. This step is all about protecting your investment. Also, think about using a lower-risk position size – it adds a layer of security to your overall strategy.
Here's to successful trading!
If you have any questions or need more insights, feel free to ask.
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SHIBUSDT is breaking out of a Falling Wedge pattern! This breakout suggests a potential uptrend, and the token could hit key resistance levels on its way up, specifically at 1214, 1480, and 1773.Now, about the Falling Wedge: it's a pattern on a price chart that typically indicates a reversal or bullish continuation. Imagine a wedge sloping downward, and
SHIBUSDT breaking out of it is like a springboard for potential gains.For safety measures, consider setting a stop loss below 800. This step is all about protecting your investment. Also, think about using a lower-risk position size – it adds a layer of security to your overall strategy.
Here's to successful trading!
If you have any questions or need more insights, feel free to ask.
Trade active
LFG SHIBTrade active
x2.5 from the entry for SHIBUSDT what an amazing ride! More profits to go 
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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.