SHIB/USD - Potential 72% SetupHello Traders!
The SHIB price is on the way out of the downtrend and is testing the MA100 on the daily timeframe.
A less risky option is looking at buying after the price exits above $0.00003100
It is possible to try purchasing at the early stage during exit from the downtrend, in the range of $0.00002550 - $0.00002750
It's rational to place the stop-loss under the price level of $0.00002000.
The targets will be the price levels of $0.00003800 and $0.00004500
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice